Financial Audit Procedures in Bangladesh: A Study on Nurul Faruk Hasan & Co. Chartered Accountants (Deloitte Bangladesh)

Abstract

This report titled ‘Financial Audit Procedures in Bangladesh: A Study on Nurul Faruk Hasan & Co. (Deloitte Bangladesh) Chartered Accountants’- is written to represent the 90 days internship program done in Nurul Faruk Hasan & Co. (Deloitte Bangladesh) Chartered Accountants. Such programs facilitate us to apply our understanding of the theoretical knowledge in the practical field. On the very first part, there is the description about the audit procedures in Bangladesh. Here there are two parts, one describes audit and the other one is all about the audit practice in Bangladesh according to the Audit Practice Manual (APM). All the stages followed for audit in Bangladesh are discussed. The second part of the report is about the firm where I worked. Nurul Faruk Hasan & Co. Chartered Accountants is an independent member of an international body Deloitte. So, the processes area bit different and properly presented. However, the total idea of audit is same in both cases. Final part of the report is about ‘Financial Audit Procedure in Bangladesh’ by focusing on the financial audit procedure of Nurul Faruk Hasan & Co.Chartered Accountants(Deloitte Bangladesh),International Standards on Auditing (ISA), Bangladesh Standards on Auditing (BSA) and Financial Audit Guidelines provided by The Office of the Comptroller and Auditor General (OCAG). In this part, I have tried to bring the steps related to Audit Practice Manual (APM) and discuss few issues I was permitted to disclose only. I have worked in this report followed by the knowledge that I have gained from working, training and my personal experiences. Finally, I have explained the This report is prepared for presenting information about the findings, recommendations and conclusion.