Computers are one of the great inventions obtained by the world. Computers have made a huge impact on world in the form of its uses. Now computers are being used by lots of industries, companies, businesses, in the field of education etc, by people round the globe. Computers have helped man to reduce the work load off them as it is very useful in completing the work very quickly.

CPAnet has launched a new free trade magazine & publications area…CPAnet Publications. You will find an extensive list of free Finance magazines, white papers, downloads and podcasts to find the titles that best match your skills and interests; topics include accounting, banking, financial planning and trading.  Not only can you find business staples such as Business Week and The Economist you will also find industry-specific publications such as Abacus, Business Finance, Investment Advisor, Accounting Today and Accountants World Newsletter.

                 Auditing is a technique used for checking books of accounts, receipts, vouchers and other related documents and files to get a true and fair view of the balance sheet and profit and loss account of the organization. Audit is the word which is derived with the help of a Latin term ‘audire’ which means to hear. Auditing grew rapidly after the industrial revolution that brought the emergence of lots of industries and companies. As the number of companies emerging was large n number the companies act n different counties made auditing of accounts compulsory. In earlier days the auditor used to listen to the accounts read out by the accountant in order to check them and evaluate the true and fair view followed by physical checking of books of accounts and other related document and files. But in this modern era or computer age auditing is done with the help of audit software. In earlier days the objectives of auditing were ‘true and correct’ but as the number of companies grew rapidly the objectives of auditing shifted to ‘true and correct’. Now day’s companies have started maintaining the books of accounts and are storing it in computers. Audit software has helped the auditors to get a true and fair view of the books of accounts. It was very difficult for the auditors to check all the documents, receipts, voucher etc and each and every detailed transaction. But with the use of audit software all this has been made easy. The amount of time and hard work spent by the auditor in checking the documents is significantly reduced with the help of the audit software.

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