Accountancy, asked by kapaseaarti05, 7 months ago

definition in Audit

Answers

Answered by sania2903
2

Definition: 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.

Answered by divya8910
2

Answer:

an official examination of the present state of something, especially of a company’s financial records

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