A financial audit is an independent examination of an organization's financial statements and records. The purpose of a financial audit is to provide assurance that an organization's financial statements are accurate, reliable, and consistent with applicable laws, regulations, and accounting standards.

In this video, you will learn the basics of financial audits and why your business should perform a financial audit.

Read the trading tip:
https://accountants.sva.com/biz-tips/financial-audits-an-overview

Consult the eGuide: The audit guide: preparation, planning and post-audit advice
https://accountants.sva.com/a-guide-to-audits-prep-planning-and-post-audit-tips

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