What Are the Seven Parts of An Audit Report?
2022/06/01
The concept of auditing has become a crucial aspect of modern business practices. With the increasing statistics of financial fraud, about 49% currently. Auditing helps determine how accurate a business’s financial reports are and points out loopholes in a financial statement. Auditing provides a ‘truth-test’ analysis of a company’s financial reports. Auditing is an essential aspect of the business process that mainly external entities could carry out.