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Discuss the essentials and problems of auditing.?

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Question added by Rofiat Bisola
Date Posted: 2018/03/22
Yesurangam P Ponnurangam
by Yesurangam P Ponnurangam , Operations Manager , Wire Tech Industries

Auditing is not to find fault, but act of auditing guides administration machinery to achieve oganization goals within the cost and time. 

Audit ensures and confirms strict adoption of the policies of the organization in ech and every stage; confirms the goals achieved within the time limit.

Audit also confirms appropriation of each and every expenditure gides the administration to eradicte mal-practice and mis-appropriations.

Appropriations can be confirmed by Pre-auditing and Post auditing.

Therefore, Auditing is essential to steer the orgnization to achieve organizational goals within the cost and time and also give life to the organization for ever.

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