Role of Auditing in Advanced Accounting

Khaled Mohamed Ahmed


dit is an evaluation of a person, organization, system,
process, enterprise, project or product. Audits are performed
to ensure the validity and reliability of information and also to
provide an assessment of a systems in internal control. Demand
for audit comes from relation between owner and manager as an
exact measure of state in finances according to available
information. Quality audits are essential to verify the existence of
objective evidence shoving conformance to required processes,
to assess how successfully processes have been implemented, for
judging the effectiveness of achieving any defined target levels,
providing evidence concerning reduction and elimination of
problem areas and are a hands-on management tool for achieving
continual improvement in an organization. New look on Audit,
as a crucial process in finding, avoiding and preventing possible
frauds, initiated evolving changes in process itself. Modern Audit
carries responsibilities in adequate risk management in doing
business and protection of business units from inside.

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