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Audit meaning

This query is : Resolved 

05 August 2011 Dear Sir/Madam,


I'm trying for a new job, where they need us to know audit, could you please briefly explain me what is the meaning of auditing with an example.

Thanks and regards,

Ms. Nashme T.J

05 August 2011 In simple language auditing means An examination of records or financial accounts to check their accuracy.

Under auditing process account of a company are checked to ensure whether they are free from mistakes and as per the accounting standards fixed by the accounting authorities.



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