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A presentation on the topic“auditing”
 
 S HWNH
2
Meaning:
Audit is the examination and verificationof records and other evidences by anindividual or a body of persons so as toconfirm whether the records and otherevidences present a true and fair picture of whether they are supposed to reflect. There are two types of Audit:
Financial audit.
Non- Financial audit.
 
 S HWNH
3
Benefits of audit:
Audit yields multiple benefits. Some of these benefits are the following:
 
Identify opportunities for improvement.
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Reality check.
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Identify outdated strategies.
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Increase management’s ability to addressconcerns.
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Enhances teamwork.
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Increase commitment to changes.
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02 / 20 / 2010This doucment made it onto the Rising List!
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