Financial audit

Financial audit

تعداد صفحه : 3Financial audit Purpose Financial audits exist to add credibility to the implied assertion by an organisations management that its financial statements fairly represent the organisations position and performance to the firms stakeholders (interested parties). The principal stakeholders of a company are typically its shareholders, but other parties such as tax authorities, banks, regulators, suppliers, customers and employees may also have an interest in ensuring that the financial statements are accurate. large enough or important enough to cause stakeholders to alter their decisions. The exact audit opinion will vary between countries, firms and audited organisations. In the US, the CPA firm provides written assurance that financial reports are fairly presented in...