Audit (Financial Audit)

A financial audit is an objective examination of an organization’s financial statements and records to ensure accuracy and compliance with accounting standards and regulations. Conducted by independent auditors, it assesses whether the financial reports genuinely reflect the company's financial position and operational performance. The audit process includes reviewing transactions, internal controls, and financial practices. The goal is to provide stakeholders—such as investors, management, and regulators—with confidence that the financial information is reliable and trustworthy, helping to maintain transparency and accountability in financial reporting.