Question

why is audit important in any organisation? Give reason​

Answer 1

Answer:

An audit is important as it provides credibility to a set of financial statements and gives the shareholders confidence that the accounts are true and fair.

Explanation:

Answer 2

★᭄ꦿ᭄Answer★᭄ꦿ᭄

An audit is important as it provides credibility to a set of financial statements and gives the shareholders confidence that the accounts are true and fair. It can also help to improve a company's internal controls and systems.