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Audit is the legal platform of the system which ensures that all the operations of the company are carried out legally. Accounting processes through some accounting principles which works in a very systematic way. Legitimacy of an organization is very important because it increases the respect and morals of the company. Now talking about college homework, students have a question that 'who can do my accounting class ?', now you all have an answer which is WEDOYOURACCOUNTINGCLASS.COM. Here, we have experience in all the fields of accounting which includes auditing.
Large scale industries have a large finance data sheet which is not possible to maintain humanly. These companies hire audit accountants to manage their finances which also checks the legitimacy of the system of the company. From the name we can understand that it handles the internal affairs of the company and audits the accounts with the management. It's duty concerns all the transactions at all the levels and keeps an account of the incoming and outgoing payment through the company.
Working externally gives the company the opportunity to work with multiple organizations. This gives the company an exposure to the outside world in a constructive way. Now, a question may arise: how does this benefit the company? It audits the accounts which ensures that they meet their requirements. This section of auditing includes tax liabilities, funding for the allocation of public bodies, financial health for private firms working with government organizations. As you can see it lets the company work with so many branches which in turn improves the versatility of the organization. Auditing has proved to be very helpful in the accountability of every system as it is much needed.