Traditional Culture Encyclopedia - Traditional culture - What is traditional auditing?
What is traditional auditing?
The object of traditional audit is mainly the financial revenue and expenditure activities of the audited unit; The purpose is to evaluate and judge the authenticity and legality of the accounting data of the audited entity and the economic activities it reflects. The traditional auditing methods are mainly inspection, supervision, inquiry and confirmation, calculation and analytical review. Traditional audit is generally arranged at the end of the period, mainly after the audit; The audit conclusions and decisions of traditional audit have legal effect and must be implemented by the audited entity.
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