An audit of financial statements is
conducted to determine if the
a. Organization is operating efficiently and
effectively
b. Client's internal control is functioning as
intended.
c. Auditee is following specific procedures
or rules set down by some higher
authority
d. Overall financial statements are
stated in accordance with an
identified financial reporting
framework
conducted to determine if the
a. Organization is operating efficiently and
effectively
b. Client's internal control is functioning as
intended.
c. Auditee is following specific procedures
or rules set down by some higher
authority
d. Overall financial statements are
stated in accordance with an
identified financial reporting
framework