Question

what is audit and audit fee ?​

Answer 1

Answer:

Audit fee is the economic remuneration for auditors who provide audit services, which are an agency fee according to certain standards. ... During the actual audit work, the audit fee influences not only audit quality, but also the development of accounting firms and audit industry

Answer 2

Audit is the examination or inspection of various books of accounts by an auditor followed by physical checking of inventory to make sure .

Audit fees can depend on various factors which and auditor need to consider before quoting the audit fees and accepting the Audit