what is audit
Answers were Sorted based on User's Feedback
Answer / guru
In General Audit is the verification of books of accounts
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / sreena
Checking all the accounts and filing income tax to
governement
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / yogesh vishwakarma
Audit is an process included verification of account,
check true and fairness of accounts and statements and also
account should be as per accounting rules.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / prabha
Audit is a process to verify the books of accounts for preparing financial statement to know the financial position of the company.
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Answer / shankar rao shinde
conduct an official financial inspection of a company or it's accounts(inspections, survey, examine, asses(1.Accounting: Systematic examination and verification of a firm's books of account, transaction records, other relevant documents, and physical inspection of inventory by qualified accountants (called auditors).
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