Comparison of the National Bank of Kuwait and Bank of America Corporation’s Audit Reports
The assessment and evaluation of financial reports is imperative in this era of globalization and internationalization. The procedure of evaluating monetary statements is known as auditing. The main goal of audit is to present true and fair opinion about reliability and honesty of financial reports constructed by management and administration of the company. All types of errors and misrepresentations are highlighted by auditors in the process of auditing. Different countries and companies follow different type of standards for making financial reports. Cont... (1500 words of this report)
Introduction
Introduction of the companies
Bank of America Corporation
National Bank of Kuwait
Method of preparation of Audit report in Bank of America
Similarities and differences in the Audit Reports of Bank of America and National Bank of Kuwait
Similarities
Differences
Conclusion and Recommendations
References:
Introduction of the companies
Bank of America Corporation
National Bank of Kuwait
Method of preparation of Audit report in Bank of America
Similarities and differences in the Audit Reports of Bank of America and National Bank of Kuwait
Similarities
Differences
Conclusion and Recommendations
References:
