In the world of finance, accountability is paramount. It ensures that financial transactions are conducted transparently and in accordance with the law. For this reason, audits play a vital role in evaluating the financial statements and practices of companies. However, an audit is not a simple process. It requires a well-thought-out plan to achieve the desired results. In this blog, we will explore the audit planning techniques that are most commonly used during the audit process's planning phase.
Introduction
Auditing is a systematic examination of financial statements, records, and. . .