Question

define auditing and its examples​

Answer 1

Step-by-step explanation:

Audit is the examination or inspection of various books of accounts by an auditor followed by physical checking of inventory to make sure that all departments are following documented system of recording transactions. It is done to ascertain the accuracy of financial statements provided by the organisation.

Answer 2

Answer:

Conduct an official financial inspection of a company or its accounts. For example, an auditor looks for inconsistecies in financial records.