Find Interview Questions for Bureau veritas

Right Answer:
Vouching is the process of verifying the authenticity and accuracy of financial transactions by examining supporting documents, such as invoices, receipts, and contracts, to ensure that they are recorded correctly in the accounts.

Right Answer:
Some techniques used during an audit include:

1. **Sampling** - Selecting a representative subset of transactions.
2. **Observation** - Watching processes and controls in action.
3. **Inquiry** - Asking questions to management and staff.
4. **Recalculation** - Verifying numerical accuracy of calculations.
5. **Analytical Procedures** - Comparing financial data and ratios.
6. **Document Inspection** - Reviewing records and supporting documents.

Right Answer:
A standard is a set of criteria or guidelines established to ensure consistency, quality, and safety in processes, products, or services. We can use it by following these guidelines during audits to assess compliance, improve performance, and ensure that practices meet established benchmarks.

Right Answer:
To involve people in an audit, communicate the purpose and benefits of the audit clearly, engage them in the planning process, provide training on audit procedures, encourage open dialogue for feedback, and recognize their contributions throughout the audit process.

Right Answer:
A statutory audit is an official examination of a company's financial statements and records, required by law to ensure accuracy and compliance with accounting standards and regulations.

Right Answer:
The method of electric earth for the protection of low voltage electric equipment is to connect the equipment's metal parts to the ground (earth) to prevent electric shock and ensure safety by providing a low-resistance path for fault currents.