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AUDIT JOB RECRUITMENT
AUDIT
An audit is an evaluation of an organization, system, process, project or
product. In Accounting, an audit is an independent assessment of the fairness
by which a company's financial statements are presented by its management.
It is performed by competent, independent and objective person or persons, known as auditors or accountants.
Audits are performed to ascertain the validity and reliability of financial information, and also provide an assessment of a company or a business'
system of internal control. Such systems must adhere to generally accepted standards set by governing bodies that regulate businesses. An audit is based
on random sampling and is not an assurance that financial statements are free from errors. It simply provide an assurance for third parties or external users
that such statements present 'fairly' a company's financial condition and
results of operations.
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