Accountancy, asked by saumyasingh1686, 5 months ago

what do you understand by auditing​

Answers

Answered by usjadhav2001
3

Answer:

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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.

Answered by yatishpatra4540
9

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.

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