What is auditing . Say 5 points of auditing features ?

Question

Accepted Answer

Auditing is a systematic and independent examination of records, statements, and operations to ensure compliance and accuracy.

Auditing involves examining financial statements, records, and operations to identify errors, fraud, and inefficiencies.
It is a systematic process that follows a set of procedures and standards to ensure accuracy and compliance.
Auditors are independent and objective, and they provide an unbiased assessment of the organization's financial health.
Auditing helps organizations identify areas for improvement and implement best practices to enhance efficiency and effectiveness.
Auditing is essential for maintaining the integrity of financial reporting and ensuring compliance with laws and regulations.

Top HR questions asked in my Generation Digital Hub Internal Audit Officer