Audit - Overview, How It Works, Stages and Levels Audits are conducted to provide investors and other stakeholders with confidence that a company’s financial reports are accurate Audits also provide regulators with the assurance that a company is adhering to the appropriate legal and regulatory standards
AUDIT Definition Meaning - Merriam-Webster The meaning of AUDIT is a formal examination of an organization's or individual's accounts or financial situation How to use audit in a sentence
Types of audits — AccountingTools There are many types of audits that can be conducted, including compliance, financial, information systems, internal, investigative, and tax audits