Audit of enterprises.

An audit is an independent review of financial statements in order to express a reliable opinion on the activities of an organization. Such a check is a procedure necessary for each enterprise, since it can be used to determine whether accounting reports are reliable, whether settlements with counterparties are carried out correctly, and, in addition, property safety checks are carried out. In other words, an audit can be called a quality mark, because it is a confirmation of the proper conduct of business of any company in the eyes of its business partners. The resulting indicators reflect budgetary calculations, and this in itself contributes to the absence of risk of conflicts between credit organizations and fiscal authorities.

An audit is an audit of the accounting and reporting of organizations, they are carried out annually. For their implementation, individual programs are compiled, the organization of work for which occurs in accordance with the strictly planned schedule of the plan. At the same time, much attention is paid to verifying the income and, accordingly, expenses of the organization, as well as capital, assets and the correct calculation of state tax deductions. Such verification can occur in several stages, for the formation of interim reporting, during the quarter, then six months and after nine months. But there is another kind of check is statutory audit It is regulated by law.

It is worth noting that the audit occurs only in accordance with the contract. Its purpose is to identify errors in the accounting, if any, as their presence may lead the company not only to distort the reports of its activities, but also to incur losses related to tax risks. Therefore, enterprise managers need to use the services of professional auditors, because to everything else, this speaks of the transparency and openness of the activities that this or that company is engaged in. Since the audit report seems to be a kind of image of the organization, because it speaks about the prospects and future success of this business.

As for the cost of conducting such inspections, it is worth noting that it differs depending on the amount of work that the auditor will need to do.