>> October 5, 2008
Auditing means checking of books of accounts so that we can remove the errors and mistakes from books of accounts. It is differ from investigation, in other words auditing is normal work of checking the books of accounts. Because before faith on accounting reports it is very necessary to check these report from any professional accountant. A little mistake in accounting is very harmful for entire business. In auditing, auditor’s duty is not check the fraud but check rules and regulation of accounting and laws of company. Auditing is very important for safeguarding the interest of investors and shareholders. Because without auditing, there may some mistake exists in the books of accounts which is very dangerous for business.
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