Question: What is the difference between auditing and accounting
What is the difference between auditing and accounting?
Answer to relevant QuestionsDistinguish between forensic accounting and fraud auditing. What would you say if asked by an anthropology major, “What do auditors do?”Audits may be characterized as (a) financial statement audits, (b) compliance audits—audits of compliance with control policies and procedures and with laws and regulations, (c) economy and efficiency audits, and (d) ...Why does an auditor obtain an understanding of the internal control system?What is a practice inspection, and what roles does it play in the quality control self-regulation of the profession?
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