Company Audits

Company audits are thorough examinations of a company's financial records and statements by an independent auditor. The purpose is to ensure that the company’s financial reports accurately reflect its financial position and comply with applicable accounting standards and regulations. Audits help stakeholders, such as investors, creditors, and regulators, trust the financial information, identify errors or fraud, and assess the company’s financial health. They involve detailed review of accounting practices, transactions, and internal controls, culminating in an audit report that provides an opinion on the reliability of the financial statements.