Need A Financial Product Forums Tax Savings What is an Audit?

This topic contains 1 reply, has 2 voices, and was last updated by  Amitava 3 years, 4 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #47448


    What is an Audit?


    Sunita Arya

    An inspection of the financial documents and accounts of an organization by an independent body is known as Audit. It is done by a trained and certified officer, who is an expert, majorly, in finance. Various frauds and mishandling of the finances can be detected during these audits. In technical terms, it is a planned and documented procedure of investigating the financial documents of any particular company, so as to determine their compliance with the standard set financial rules. This procedure, further contributes in the effective implementation of risk management techniques and governance methods. Auditing is an essential part of accounting and also of the entire finance management of an entity.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...


Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email :

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.