Auditing is the process of examining an organization's financial
records to determine if they are accurate and in accordance with
any applicable rules and laws.
Assurance is an independent professional service that improves
the quality of information or its context, for decision makers
- Audit and assurance is the process of verifying the records
available in the company’s accounting record are as per accounting
standard and principle and it also verifies that accounting record
is accurate or not.
- The audit is the process of evaluating the accounting entries
present in the financial statement of the company.
- Assurance is the process of analyzing and used in the
assessment of accounting entries and financial records. Assurance
is