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What is the difference between Accounting and Auditing?

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Question added by Mohammed Aijaz Ahmed , Accountant , Quba Foams & Furnishing
Date Posted: 2017/05/20
Jibran  Tariq ACCA UK
by Jibran Tariq ACCA UK , Chief Financial Accountant , Rosenbauer Saudi Arabia.

Accounting meant to record the daily transaction according to Accounting standards and present them as prescribed by IAS. 

Where as auditing mean is to check the presented accounts for their accuracy and give an opinion on their reasonableness.  

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