Financial auditing is basically an accounting process used in business. It takes an independent or external body to examine a business' financial transactions and statements. The main purpose of financial auditing is to provide with an accurate account of a company's financial business transactions. This practice is used to make sure that the company is trading fairly in financial terms, and the accounts which they are presenting to the public or shareholders are precise and acceptable.Purpose of Financial AuditThe financial auditing procedure results are used for the presentation to shareholders, banks and anyone else who has an interest in the company. One of the important reasons for a financial audit is to ensure that the trading company is not doing any fraud. That is the reason that the financial auditing body is generally an independent third party or external to the company.
The United States Securities Exchange Act made it a lawful obligation for all public trading companies to be financially audited in 1934. The Securities and Exchange Commission (SEC) establish a department to deal specifically with this financial audit.
The financial auditing process generally takes places once a year, and that most commonly at the end of each financial year. In this all financial aspects of the company are inspected, and a follow-up audit may also be generated after the year end to compare results.
Financial auditing is usually a systematic process, but in some cases, failures do occur.
Financial Audit Accounting Homework Help
Are you afraid with incomplete assignments in auditing? Then kill your fear as Tutorsglobe is available for you help and support. Generally assignments create anxiety in student's mind and they are more vulnerable to make mistakes. But Tutorsglobe make sure that accounting homework help which you are receiving from Tutorsglobe has no comparison. Our experts' panel is highly responsible and dedicated to help the students with their assignments. Whatever accounting assignment problem they have, they get a unique solution for that and along with the timelines given by a student. Our services are in reach of every individual as these are highly cost effective and qualitative. Our services have a global reach that is you can contact us from any part of globe and you will get assignment help services. Online tutoring sessions, exam preparations, project help, essay writing etc are the services offered by Tutorsglobe in auditing subject.
Email Based Auditing Homework Help - Assignment Help
Students can contact us through Email at email@example.com and also at our website www.tutorsglobe.com . You need to submit your problem with related topic and also submission date. After analysis made by our tutors, you will get related price quote and submission time. When student is giving his/her consent then our tutor starts working with the assignments. You will get assignments on time and our tutors assure you about the improvement of final grades in the exams.
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!