Accountancy, asked by alkaghosh2001, 5 months ago

what do you mean by auditing?​

Answers

Answered by aqsanajeebniazi
0

Answer:

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.

Explanation:

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Answered by Anonymous
4

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  • 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.
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