Audit and Assurance

To assure someone can mean to to comfort, convince, encourage or to persuade. It can also mean to affirm, attest or confirm. To audit means to check, examine, investigate, review, inspect or scrutinise.

In the context of companies audit and assurance can be used to scrutinise subject matter on behalf of users of that subject matter. Most importantly, auditors scrutinise financial statements on behalf of shareholders.

Audit and assurance are large topic areas. They can be further broken down into the following sub-topics:

• the scope and regulation of audit and assurance,
• internal audit,
• audit planning,
• internal systems of control,
• audit evidence,
• audit completion, and
• audit reports.

Make sure you use the links above and to the right to explore related topics in more detail.

Rating :	Ratings & Comments  (Click the stars to rate the page)

Tags:	Audit;Assurance;auditing;audit and assurance;audit assurance;audit en assurance;what is a financial audit;what is financial audit;audit companies;audit company;how to audit accounts