what is one of the three ways audit standards can be created.
Chapter1: Financial Statements And Business Decisions
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what is one of the three ways audit standards can be created.
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Step 1: Introduction to auditing
An entity's financial records, statements, and other financial information are examined as part of the auditing process to ensure their accuracy, completeness, and compliance with applicable laws and regulations. The main goal of an audit is to provide a fair, and independent verdict on the fairness and reliability of the financial statements, thereby increasing the credibility and dependability of the financial data made available to users.
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