Summarize what we are doing as financial statement auditors, and why it is important. Describe what...
Summarize what we are doing as financial statement auditors, and why it is important. Describe what the job is like.
- I just need some key points to mention, not a whole summary.
Homework Answers
Financial auditing refers to a form of auditing in which the auditor assess the financial transaction. The ultimate purpose of a financial audit is presenting an accurate amount of the business transactions of a company.
Financial auditor assesses the financial transactions and ensures that the same is in line with the requirement of the standard and the law.
Financial auditor asses the assets and the liabilities of the company and ensures that the same is not undercharged or overcharged.
Protect the company from any kind of fraud and ensure that it enhances the goodwill of the company
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