Audit procedure in Bangladesh : a case study on ACNABIN chartered accountants

Abstract

This report titled “Audit Procedures of a Chartered Accountant Firm – A Case Study on ACNABIN Chartered Accounting” is an outcome of BBA internship program. Such programs facilitate us to apply our understanding of the theoretical knowledge in the practical field. This report contains the details of the audit practice followed by ACNABIN Chartered Accountants. ACNABIN Chartered Accountants - an independent a member of Baker Tilly International, which is the world’s 8th largest network - as my first experience to professional world. ACNABIN has established a close working relationship with many international and national consulting firms for providing services to clients in Bangladesh. In this way ACNABIN has enriched its professional base for serving the clients interest in best manner. In these twelve weeks internship program, I was allocated in the Rangs Group as an Audit staffs. I have worked in this report followed by the knowledge that I have gained from working, trainings and my personal experiences. The first part of the report consist an introduction and description of the project. The second part of the report contains of background of ACNABIN. In the third part I have tried to discuss about the audit procedure of Bangladesh and in the fourth part about the audit procedures followed by ACNABIN in details. I have introduced my learning in the fifth part and in the sixth part my audit practice in Rangs is discussed with their company overview and financial ratios. Followed by this in the next sections I have tried my best to include my finding and recommendations from my point of view to carry out audit engagement in ACNABIN and to minimize such problems. In part eight, I have drawn an overall conclusion