Question

auditing company is luxury for​

Answer 1

Explanation:

Auditing is necessity of big organizations. Auditing is compulsory in case of Private Limited Companies, Limited Companies, Charitable Trusts, Societies, Banks etc. The partnership firms or proprietorship firms can also engage the auditors to have the fair view of accounts.

Another Asnwer:-

Accounting is a necessity, while auditing is a luxury for a enterprise. Explain. Every businessman maintains accounts but he invariably thinks that auditing is a luxury. Auditing of accounts is a sheer wastage of time and money.

Answer 2

Answer:

auditing company is luxury for enterprise.

Explanation:

Every business mam maintains a particular accounts and thought that auditing is luxury.

Auditing is just wastage of money and wastage of time as well

I hope it will help you out to some extent and I hope you are in the good of health in this pandemic