Auditing

Overview#

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.[1]

Auditing also attempts to ensure that the books of accounts are properly maintained by the concern as required by law.

Auditing is a Facet Of Building Trust

Auditing and Monitoring are closely related and may be the same within some contexts.

Auditing can be done for the purposes of:

More Information#

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