Document Type : opinion article

Author

• Sayedeh Niusha Safizadeh

Kharazmi University – Bachelor of Accounting.

Abstract

An audit is a systematic process of gathering and evaluating evidence about management’s claims regarding economic activities and events, to determine whether these claims and statements comply with predetermined criteria, and to report the findings to interested parties. The most important and valuable service in the auditing profession is to provide an independent opinion on the appropriateness of financial statements and to report the findings to interested parties. With regard to the auditor’s responsibility, it should be noted that the audit process in accordance with auditing standards should be designed in a way that ensures reasonable assurance that the financial statements are free from material misstatement, whether due to fraud or error. Although an audit can be considered a deterrent, the auditor is not and cannot be held responsible for preventing fraud and error.

Keywords

• Audit
• fraud
• audit evidence

Main Subjects

• Accounting
• Audit
• Financial Management
• Financial Engineering
• Interdisciplinary with Accounting