Independent Audit

An independent audit is a thorough examination of a company's financial statements conducted by an impartial external auditor. Its purpose is to verify that the financial records are accurate and comply with accounting standards. This process helps stakeholders, such as investors and lenders, trust the company's reported financial health. Because the auditor is independent, their opinion is unbiased, providing confidence that the financial statements fairly represent the company's financial position without influence from internal management.