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View Full Version : About Audit Pending - Accounting Student Question


jonp2k
28th April 2008, 03:37 PM
:frust: help.. please some body can explain me about Audit Pending, i'am a university student, i got a home work from my mentor, to find what is the meaning and theory of " audit pending ", i search to every where, but i still can to get the answer, please some body in this forum can solve my problem :bonk: after i got this answer, i can graduation :thanx::thanks:

Jennifer Kirley
28th April 2008, 04:01 PM
Welcome to The Cove!

I am not familiar with the term "audit pending". What class is this homework for?

jonp2k
28th April 2008, 04:04 PM
thank's for reply.. this is for my last script for graduation:bonk:

Doug Tropf
28th April 2008, 04:18 PM
:frust: help.. please some body can explain me about Audit Pending, i'am a university student, i got a home work from my mentor, to find what is the meaning and theory of " audit pending ", i search to every where, but i still can to get the answer, please some body in this forum can solve my problem :bonk: after i got this answer, i can graduation :thanx::thanks:

I too am not familiar with the term "audit pending". Can you ask you mentor
for additional details on what this is concerning?

SteelMaiden
28th April 2008, 04:24 PM
It is beginning to sound like this may be a regional term, hang in there, hopefully someone from closer to your area will see this thread.

jonp2k
28th April 2008, 04:25 PM
my mentor didn't give me information, just told me to find it at book, when i ask him, he :mad: and said try to find before asking, i looking to all book about accounting, i cant find, i search at web, still can't find, so maybe at this forum can help me... thank's before :(

Jennifer Kirley
28th April 2008, 04:28 PM
thank's for reply.. this is for my last script for graduation:bonk: What is your specialty--are you studying accounting?

jonp2k
28th April 2008, 04:31 PM
yes, my major is accounting

db
28th April 2008, 04:35 PM
If I am correct, Audit Pending is a term used by the International Financial Accounting Standard. When an organization's books are mostly finalized, but cannot be formally closed until after the results of an audit. It means there is not expected to be any futher changes.

Hope I got that right.

Craig H.
28th April 2008, 04:35 PM
What is your specialty--are you studying accounting?

Its been a few years, but I don't recall ever seeing this term in accounting.

But, (wild guess) it could describe an issued financial report that has not yet been audited. Again, just a guess.

jonp2k
28th April 2008, 04:42 PM
thank's for reply, all your opinion from this forum, i will give to my mentor, so please if any body have a information about audit pending, please send to here.. hopefully my mentor can accept my script, thank's before :thanx::thanx:

Craig H.
28th April 2008, 05:07 PM
thank's for reply, all your opinion from this forum, i will give to my mentor, so please if any body have a information about audit pending, please send to here.. hopefully my mentor can accept my script, thank's before :thanx::thanx:

You are quite welcome. Please do me a favor and post what your mentor's reply is here in this thread.

Good luck with your studies.

:applause:

jonp2k
28th April 2008, 05:15 PM
thank's, i still wait for another opinion.. or maybe some body can give me a theory and meaning about audit pending... :):yes:

CarolX
28th April 2008, 05:41 PM
Hi jonp2k,

I don't know how much we may be able to assist you here. Most users are in the Quality field, not the accounting field. Your web search may have turned up this site because "auditing" is a common tool to verify process and procedures are followed as relating to a Quality Management System.

Coury Ferguson
28th April 2008, 06:35 PM
I went to Ask.com and found these searches for "What is Audit Pending." Review some of these and see if that is what you are looking for:

http://www.ask.com/web?q=What+is+Audit+Pending&search=&qsrc=0&o=0&l=dir

jonp2k
2nd May 2008, 04:17 AM
:thanx::thanx: to all moderator, all people in this forum, i solved my trouble, crazy mentor, now he said not audit pending, but audit finding... thank's to all, God Bless You All :):bigwave:

Coury Ferguson
2nd May 2008, 08:33 AM
:thanx::thanx: to all moderator, all people in this forum, i solved my trouble, crazy mentor, now he said not audit pending, but audit finding... thank's to all, God Bless You All :):bigwave:

Well...that would have made it a lot easier to provide answers. I am glad you now have clarification.