Audit laws

Audit laws are regulations that oversee how financial audits are conducted to ensure accuracy and integrity in a company's financial reporting. They set standards for auditors to verify that a company's financial statements are truthful and comply with legal and accounting requirements. These laws aim to prevent fraud, protect investors, and promote transparency in financial disclosures. They specify auditors' responsibilities, the scope of audits, and how audits should be performed to maintain public trust and uphold financial accountability.