Abstract:
Masih Muhith Haque & Co. Chartered Accountants is the most reputed and recognized audit
quality firm and it provides audit, tax, management advisory services to the business community.
Here this report is titled ‘Audit Procedures of a Chartered Accountant Firm- A study on Masih
Muhith Haque & Co.’ is a result of BBA internship course. So this report consists the details of
the audit procedures followed by Masih Muhith Haque & Co. In this report I have divided into
five important chapters. In the primary chapter contains the Backgrounds of the Study. That is its
origin, objective, methodology and the limitation of the study. In the chapter two, overview of
Masih Muhith Haque & Co. is given where firm’s strategies, services, activities are also furnished.
In chapter three, I have organized and discussed all my knowledge that I have gathered about
auditing during my studies at the Department of Accounting and Information Systems, Daffodil
International University and practical working experience achieve from Masih Muhith Haque &
Co. Moreover In chapter three, it has been focused on the details of the overall audit procedures
of Masih Muhith Haque & Co.
In chapter four, I have shared about my practical experience and my views in CA firm as an intern.
Finally chapter six contain the problem so as to I have recognized to carry out audit appointment
in Masih Muhith Haque & Co. and a few recommendation to reduce such problem also I have
drawn an overall conclusion.
In the findings I have found less timing of the audit procedure. In this firm I was involved with
audit engagement. My experience was three months but I have identified some problems that firm
face in many cases. One of the big problems is rotation from one audit engagement to another very
quickly. And they have few times to complete an audit engagement. For that reason it is difficult
to obtaining required audit evidence.
In the recommendation, it’s explained that all transaction test is not possible for that reason an
auditor choice some transaction for the accurate test. If test is successful then auditor gives their
opinion. For the short time audit procedure student fail to follow the overall audit procedure that
is followed by Masih Muhith Haque & Co.
