government audit

A government audit is a formal review of an organization's financial records, operations, and compliance with laws and regulations, conducted by government-appointed auditors. Its purpose is to ensure that public funds are used appropriately, accurately reported, and that the organization follows applicable rules. Audits can identify gaps, prevent fraud, and promote transparency. They are a routine part of accountability, helping government agencies, non-profits, and businesses demonstrate responsible management of resources. Results may lead to recommendations for improvements or, in some cases, corrective actions if issues are found.