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BUACC 3741 Auditing

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Auditing under the course BUACC 3741 Auditing is the inspection of all the books of accounts by an individual or group of individuals known by auditors followed by physical examination of accounts to make sure that all transactions of accounts are systematically recorded.

Auditing can be conducted internally by employees of organization or heads of a particular department and externally by a chartered accountant firm or an independent auditor. The purpose as per the BUACC 3741 Auditing course is to inspect and verify the accounts by an independent authority to make sure that all books of accounts are maintained in a correct manner, and there is no fraud or errors that are being conducted.

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