dc.description.abstract | Auditing is a methodical process that is comparable across the majority of nations. The key
differences lie in the laws and regulations that each country must comply to, not in the
techniques required to conduct an audit, but in the rules they must follow. Auditing in
Bangladesh is overseen and directed by the Institute of Chartered Accountants of Bangladesh
and its audit practice guidelines. The study analyzes conventional auditing approaches in
Bangladesh with those applied by Rahman Rahman Huq (KPMG Bangladesh). It covers
Rahman Rahman Huq's complete organization, as well as the services they provide and their
interaction with audited firms. It describes each phase of RRH's audit process, from
evaluating the client engagement through forming an opinion on the audit report. In addition,
this paper examines the audit policy of Bangladesh and the policies that would be applied by
the country's auditors. Its purpose is to describe the fundamental auditing processes that
should be followed so that the effectiveness of auditing procedures can be measured based on
the presence of these guidelines. Several fundamental audit policies have been defined, and
the effectiveness of RRH's audit policies has been examined relative to these fundamental
policies. The paper also discusses the absence of policies identified at Rahman and Rahman
Huq (KPMG Bangladesh) and how they might design, execute, and provide enhanced quality
assurance services. In a nutshell, the implementation of these methods is anticipated to
increase audit companies' service efficiency, which will contribute to the evolution of the
industry's overall structure. As KPMG maintains a high level of client confidentiality, ABC
Ltd is a fictitious client name. | en_US |