Question

the objective of an audit is to express an opinion on financial statements in light of this statement discuss the primary and subsidiary objectives of audit internal audit is no substitute for statutory audit discuss

Answer 1

Answer:

Explanation: The objective of the audit process is to express an opinion on the financial statements of the company. ... Similarly, forensic audits are done to detect and control fraud within the organization. The statutory audit is done to ensure whether the company is compliant with all the rules or regulations.