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What is Auditing: Objectives and Types Explained about?

The document defines auditing and discusses its objectives. It also defines internal audit and discusses the essentials of internal audit. Auditing is defined as the systematic examination of books and records to verify accounts and ensure they show a true and fair view. The objectives of auditing are discussed. Internal audit is defined as an independent function to review internal controls. The essentials of internal audit like independence, staffing, relationships, due care, planning, evaluation of contr

Author

laxmisruti123

Language

EN