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What do you mean by auditing ?


Vinay Singh 27th Feb, 2018
Answer (1)
None 28th Feb, 2018

Dear Vinay,

Audit is a conduct of official financial inspection of (a company or its accounts). It is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization to ascertain how far the financial statements as well as non-financial disclosures present a true and fair view of the concern.

In India, chartered accountants from ICAI or The Institute of Chartered Accountants of India can do independent audits of any organisation.

Good Luck!!

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