File Name: evolution of audit and tax audit ethiopia .zip
Skip to search form Skip to main content You are currently offline. Some features of the site may not work correctly. Modugu and J.
Audit quality will always be essential. It should also anticipate the changes of an evolving, growing business and adapt continuously. A Deloitte audit does this—by using advanced technology, design thinking, and multi-disciplinary teams that include data and analytics specialists. In fact, audit is an even more valuable enabler of our vibrant capital markets. It embodies continuous innovation, applies agile auditing, and is grounded by risk-based methodology and workflows. As the methods for achieving audit quality progress, Deloitte stays ahead by embedding advanced technology into every audit. We take the technologies transforming the marketplace—such as cloud, process automation, data visualization, and cognitive analytics—and build them into the audit.
Audit is often the weakest component of VAT administration. As noted in Chapter 6 , among the surveyed countries, audit performance is reported to be a particularly weak aspect of tax administration, irrespective of whether other aspects of the VAT are working well. This chapter discusses the importance of the audit function and the difficulties faced in implementing audit programs. Basic guidelines provided for the development of an audit program typically address the following key issues:. Detection of offenses, such as underreporting of turnover, over-reporting of VAT credits, and use of fake invoices, requires field audits by well-trained officers, rather than desk verifications.
The role of audit extends beyond verification. It is generally accepted that a tax audit is an examination to determine whether a taxpayer has correctly reported and assessed their tax obligations. A well managed audit program plays a major role in managing compliance. An effective audit program will have significantly wider impacts than just raising revenue directly from audit activities.
To browse Academia.
External Audit. The external audit is referring to the audit firms that offer certain auditing services … Internal Audit. Internal Auditing is an independence and objectivity consulting service that is … Forensic Audit. The forensic audit is normally performed by a forensic accountant who has the skill … Statutory Audit.
Show all documents Internal audit effectiveness: an Ethiopian public sector case study The case - study method is chosen because it enables the conduct of a detailed analysis using multiple sources of data Soy, A large public sector higher educational institution in Ethiopia was chosen for the study. To assist the external validity of conclusions drawn, it should be noted that there are commonalities in policies, procedures and organizational contexts of most public sector entities in Ethiopia and the same internal audit manual is used by all public bodies in Ethiopia Ministry of Finance and Economic Development, To enhance the quality of data through triangulation, multiple data sources were used.
In general, an audit is an investigation of an existing system, report, or entity. It may be conducted by either an internal or external party, depending on the situation. There are many types of audits that can be conducted, as noted below. A compliance audit is an examination of the policies and procedures of an entity or department, to see if it is in compliance with internal or regulatory standards.
The purpose of this study is to examine international financial reporting standards IFRSs adoption in Ethiopia to explain transnational political-economic antecedents of this change and its associated consequences on the regulatory landscape of accounting. Using a neo-Gramscian theory of globalization and the state, the study examines interview and document review evidence pertaining to IFRS adoption in Ethiopia by focusing on the period from to The study illustrates that a dialectical rather than deterministic interaction between global and national forces explains IFRS adoption in Ethiopia, i.
Toyota tarago manual free pdf basic interview questions for mechanical engineer freshers pdf