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The professions of an Accountant and an Auditor are very similar to each other, and the terms are often used in place of one another. Both the accountant and the auditor require the basic knowledge of accounting and bookkeeping and need analytical and computational...

An audit process is one essential that any business entity can’t ignore. Conducting the audit process in the company highlights the high and low domains of a company. It helps the business owners, investors to get a gist of what’s...

Whenever the business owners hear the word audit, it is natural for them to wince ones or twice. They feel that the money and time spent on the audit process could be put to better use in developing the business....

Any business is incorporated with the underlying idea that it will grow tenfold in the future and the venture would be a great success. However, due to a mistake in the workings, a shift in the perception of the target...

Nobody can refute the various advantages of auditing for a business as it assists the management of the company in various ways. Auditing can prove to be a very essential function for the survival of a business. in the last...