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a -1 I, as an audit assistant for MIK 2 auditing LLC, with e senior auditing staff, we prepare and it planning and propose to investigate like to this as follows under Andite planning > As as auditor , we should perform the following I activities at the beginning of the audit. Market survey the audit area. It is essential to understand the business process or function to be audited. Review internal procedures and market data from various sources like internet We maintain open de discussion & during the planning process It armed with a working understanding of the proce. or function, conduct a face to face walk through with the auditee (9) Identify the risk of the hot smc Hotels Lle eet and controls employed to mitigate those risks. we collected data prior to field work. we emphasig data in our initial requests for information. We perform data analytics before we begin field work V We must verified the on each every account balances it in sme ho hotels. It is the most important part ich audit process. We may compare source documents to a balance recorded in a co sme hotols gre general Ledger to verify that the balance is correct and recorded within a correct date range. & similarly, as auditor , we can send a confirmation to a sme hotels a can customer to verify that a receivable betane balance is correct. All We a verified bank balances / sme hotels like this. The entries in the cash book and pass book are to be companied. The confirmation received from bank as to balances as on the last day of accounting year is to be verified. The bank reconciliation statement prepared as on the last day of the accounting year is to be than the properly examined. The we also verify the post dated cheques s issue by the organizar smo hotels LLC bel before the end of the years and ensure that such oo cheques are not taken into account for the year under andit. In case of a cheques in transit , we verify such cheques are dudy const credited in the subsequent period. She hotels LLC may mat maintain large number of accounts then we should verifed all accounts properly, so that no mistake canto don sme hotels LLe account non must be verifrod na with proper audit planning because eash and every accounts should he verified to im mitigate the risk. If any an accounting frauds sound, then it comes can destroy sme hotels future, we know hotels industry 1 continuously changing customer demands, new regulation introducted uncertainty in internation travel consumer perception rich iais like, terrorist attachs, incidents of polienta or social violence . so sme hotots the so we know importantan so we understand the importantance of audit, I Audit helps sme hotels LLC reduct risk of fraud and other important issue