Audit is the exam or inspection of numerous books of debts via way of means of an auditor accompanied via way of means of bodily checking of stock to ensure that every one departments are following documented system of recording transactions. It is achieved to check the accuracy of economic statements supplied via way of means of the organisation.
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Audit PPT Free Download: Introduction, Types and Phases
Audit may be achieved internally via way of means of personnel or heads of a specific branch and externally via way of means of an outside organization or an unbiased auditor. The concept is to test and confirm the debts via way of means of an unbiased authority to make sure that every one books of debts are achieved in a truthful way and there may be no misrepresentation or fraud this is being conducted.
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Table of Content for Audit PPT
- Definition
- Introduction
- How is the Audit Conducted
- What Do Auditors Do?
- Types of Audits
- Phases of Audits
- Conclusion
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