Question

Auditing in conducted on behalf of the

Answer 1

Answer:

business

Explanation:

it will help you

Answer 2

Auditing in conducted on behalf of the proprietor of the business.

• An investigation may be conducted on behalf proprietors when they suspect any fraud in their business or on behalf of outside parties who wish to lend money or intend to purchase business.
• Auditing typically refers to financial statement audits or an objective examination and evaluation of a company's financial statements
• It is  usually performed by an external third party.
• Audits can be performed by internal parties and a government entity, such as the Internal Revenue Service (IRS).
• There are three main types of audits: external audits, internal audits, and Internal Revenue Service (IRS) audits.

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