Answer Posted / sreedhar reddy
audit means properly checking of the internal fiancial
records of the company.to know the mistakes,misuse of the
money, material.To find out the internal crimes of the
employes.
The audit may do 2 types
1. internal audit
2. external audit
internal audit do by the internal staff of the company
external audit done by the qualified person means who had
done his c.a
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