who is assessee?what is difference between an auditor and chartered accountant?who is audit clerk?

Question

answer them precisely.

Answer 1

A Chartered Accountant is an individual who has a college education in business and accounting and who has also passed an accreditation examination proving that he or she is somewhat proficient in accounting, auditing, and commercial law. This person must also gain a certain amount of practical experience in auditing and accounting. An auditor may or may not be a CA. An auditor is someone who specializes in the analysis of an organizations records in an attempt to show that the financial reports of the organization are prepared in accordance with generally accepted accounting principles. An audit clerk is an entry level accountant who is gaining experience in the audit of financial records. An assessee would likely be the entity being audited.

Answer 2

The Auditor's report is a formal opinion, or disclaimer thereof, issued by either an internal auditor or an independent external auditor as a result of an internal or external audit or evaluation performed on a legal entity or subdivision thereof (called an “auditee”). The report is subsequently provided to a “user” (such as an individual, a group of persons, a company, a government, or even the general public, among others) as an assurance service in order for the user to make decisions based on the results of the audit.

Chartered Accountants work in all fields of business and finance. Some are engaged in public practice work, others work in the private sector and some are employed by government bodies