The purpose of an audit is to enhance the degree of confidence of intended users of the financial statements. The aforesaid purpose is achieved by the expression of an independent reporting by the auditor as to whether the financial statements exhibit a true and fair view of the affairs of the entity. This is applicable for May 22, Nov 22 Exams.
What you’ll learn
- Visit https://youtu.be/m_S1pTdLPLU to view demo lecture of Auditing and Assurance