Auditing is a systematic process of examining and evaluating financial records, operations, and controls within an organization to ensure accuracy, compliance, and transparency. It involves reviewing financial statements, internal procedures, and documentation to verify that they align with established standards, laws, and regulations. Audits can be conducted internally by an organization's own staff or externally by independent third-party auditors.
The goal is to identify discrepancies, prevent fraud, ensure financial integrity, and provide recommendations for improving business practices. Auditing is crucial for maintaining stakeholder trust and ensuring that an organization operates efficiently and in accordance with legal requirements.





