Accountancy, asked by Shushith3641, 1 year ago

Why audit is necessary briefly explain the classification of audit?

Answers

Answered by arrhu
1

Explanation:

Classifications - Tutorialspoint

Advantages − The work that is done by an Auditor in Annual Auditing does not affect the everyday routine of the organization and its people; the Auditor has full control over financial statements and records. Among other advantages, Annual Audit is cost-effective

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