Auditing Mantras Forensic Accounting: Important Standards On Auditing

Audit accounting can be an internal process with a focus on mitigating risk and identifying areas where cost savings can be made. Alternatively, audit accountants can be independent specialists who conduct external audits on company accounts. While SA-200 definition stated above covers only the financial information aspect, audit today encompass a broad spectrum of non-financial areas such as Marketing, HR, Production etc.