Document Type : Review article

Author

• Amirhossein َAfzali

Kharazmi University

Abstract

An audit is a set of tasks performed to examine the financial statements of a company by a natural person or legal entity independent of that company, called an auditor, to find out possible deviations from the law or the company's articles of association. Auditing standards, which are usually determined by the audit organization of each country, require that the audit be planned and performed in such a way as to obtain reasonable assurance about the absence of material misstatement in the financial statements. An audit includes, among other things, examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes evaluating the accounting principles and procedures used and the significant estimates made by the board of directors and evaluating the overall presentation of the financial statements. Ultimately, the audit performed should provide a reasonable basis for an opinion on the fairness of the financial statements presented by the companies.

Keywords

• Auditing
• importance of auditing
• emergence of auditing

Main Subjects

• Accounting
• Audit