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Company Accounts is the set of financial records showing the details of a company’s profit and losses which are to be produced at the end of the year.Audit is the inspection and verification of Company Accounts.
As a CMA, you need to obtain an in-depth knowledge of how to prepare financial statements including procedures, principles and the professional standards.As a CMA, you will need to perform cost audits of companies. But you also need to have some basic knowledge of other types of audit to get a general idea of the procedure. As such, you are introduced to the basic concepts of auditing.
The topics covered in Company Accounts and Audit at the CMA Intermediate level
The best approach to study Company Accounts and Audit
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