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What Is Auditing In Accounting

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Accounting means systematically keeping the records of the accounts of an organization and preparation of financial statements at the end of the financial year. Accounting means keeping the record of all financial transaction took place in an organization to generate a financial statement at the end of the financial year. Audit Accounting Foundation Of Free Market Capitalism External auditors come in from outside the organization to examine accounting and financial records and. What is auditing in accounting . It is to ensure that financial information is represented fairly and accurately. Auditing means inspection of the books of account and financial statements of an organization. For students interested in a career in auditing a bachelors degree in accounting is the minimum. Accounting is keeping records of the financial transactions and preparing financial statements. A financial audit is an objective examination and evaluation of the financial statements of an organiz...