Audit

Auditing refers to a systematic and independent examination of books, accounts, documents and vouchers of an organization to ascertain how far the financial statements present a true and fair view of the concern. It also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditing has become such a ubiquitous phenomenon in the corporate and the public sector that academics started identifying an "Audit Society". The auditor perceives and recognizes the propositions before him/her for examination, obtains evidence, evaluates the same and formulates an opinion on the basis of his judgement which is communicated through his audit report.

Any subject matter may be audited. Audits provide third party assurance to various stakeholders that the subject matter is free from material misstatement. The term is most frequently applied to audits of the financial information relating to a legal person. Other areas which are commonly audited include: internal controls, quality management, project management, water management, and energy conservation.

Audit (disambiguation)

Audit may refer to:

Audit (telecommunication)

In telecommunications, an audit is one of:

The simplest audits consist of comparing current telecommunications billing and usage to the underlying rate structure whether that is dictated by contract, tariff, or price list. Complex audits utilize software applications, direct bargaining with service providers and activity reports that include detail down to an individual employee's usage.

Saudi Arabia

Saudi Arabia (ⁱ/ˌsɔːdiː əˈreɪbiə/, ⁱ/ˌsaʊ-/), officially known as the Kingdom of Saudi Arabia (KSA), is an Arab state in Western Asia constituting the bulk of the Arabian Peninsula. With a land area of approximately 2,150,000 km² (830,000 sq mi), Saudi Arabia is geographically the second-largest state in the Arab world after Algeria. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast, and Yemen to the south. It is the only nation with both a Red Sea coast and a Persian Gulf coast, and most of its terrain consists of arid inhospitable desert or barren landforms.

The area of modern-day Saudi Arabia formerly consisted of four distinct regions: Hejaz, Najd, and parts of Eastern Arabia (Al-Ahsa) and Southern Arabia ('Asir). The Kingdom of Saudi Arabia was founded in 1932 by Ibn Saud. He united the four regions into a single state through a series of conquests beginning in 1902 with the capture of Riyadh, the ancestral home of his family, the House of Saud. The country has since been an absolute monarchy, effectively a hereditary dictatorship governed along Islamic lines. The ultra-conservative Wahhabism religious movement within Sunni Islam has been called "the predominant feature of Saudi culture", with its global spreading largely financed by the oil and gas trade. Saudi Arabia is sometimes called "the Land of the Two Holy Mosques" in reference to Al-Masjid al-Haram (in Mecca), and Al-Masjid an-Nabawi (in Medina), the two holiest places in Islam. The Kingdom has a total population of 28.7 million, of which 20 million are Saudi nationals and 8 million are foreigners.

Saudia Flight 163

Saudia Flight 163 was a scheduled passenger flight of Saudia that caught fire after takeoff from Riyadh International Airport (now the Riyadh Air Base) on a flight to Jeddah, Saudi Arabia on Tuesday, 19 August 1980. All 287 passengers and 14 crew on board the Lockheed L-1011-200 TriStar, registration HZ-AHK, died after the aircraft made an emergency landing back at the Riyadh airport.

At the time, the accident was the second deadliest single aircraft disaster in history, after Turkish Airlines Flight 981. It's the sixth deadliest aircraft disaster overall, after the Tenerife airport disaster, Japan Airlines Flight 123, the Charkhi Dadri mid-air collision, Turkish Airlines Flight 981, and Air India Flight 182. It was also the highest death toll of any aviation accident in Saudi Arabia and the highest death toll of any accident involving a Lockheed L-1011 TriStar anywhere in the world. It is also the deadliest aviation disaster that did not involve a crash on impact or mid-flight break up.

Saudi 2

Saudi TV Channel 2 (KSA 2), or as of 2014 known as Saudi 2 is the English news and entertainment TV channel of Saudi Arabia.

Established in 1964, the channel produces programmes focusing on cultural, political, and economic issues aimed at expatriates living in Saudi Arabia. Following its conversion to a 24-hour channel it expanded its broadcasting to Europe and North America in the middle of 2007 and now employs a large network of news correspondents based in the Middle East, the United Kingdom and the United States.

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