An impartial review of a business's financial statements and other pertinent documentation to make sure they are truthful and compliant with the law is known as a company audit. An auditor, who may work for the organization inside or externally, conducts the audit process. An internal or external examination of the business's finances is called a company audit. It is merely an unbiased examination of the finances. Whether or not a corporation is profit-oriented, an audit is nonetheless carried out for it. The legal structure of a company has no bearing on whether it is a small or large enterprise and if it is audited. Every company undergoes a company audit. The audit makes sure the business maintains the necessary amount of records.
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