How to audit accounts1 min read

Auditing accounts involves reviewing and verifying the accuracy of a company’s financial records. This is typically done by an independent accountant or firm to ensure that the financial statements accurately reflect the financial position of the company. The process typically involves a detailed review of the company’s financial records, including its income statements, balance sheets, and cash flow statements. The auditor will also review the company’s internal controls and accounting policies to ensure that they are in compliance with generally accepted accounting principles (GAAP).