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- An audit is the review or inspection of a company or individual's accounts by an independent body. Auditors may be hired internally by the company or work for an external third-party firm. Almost all companies conduct a yearly audit of their financial statements.www.investopedia.com/terms/a/audit.asp
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Nov 2, 2022 · Learn what an audit is, what types of audits there are, how they can benefit your business, and more. What is auditing? An audit examines your business’s financial records to verify they are accurate. This is done through a …
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