Field Audits

Field audits involve a detailed examination of a company's financial records and operations at their physical location, rather than through documents submitted to an office. Auditors visit businesses to verify financial information, check for compliance with regulations, and assess the accuracy of reports. This process helps ensure that the company is managing its finances honestly and efficiently. Field audits can be conducted by government agencies or independent firms, and they play a crucial role in maintaining trust and transparency in financial practices.