What is the audit for?

1 Audit refers to auditing or checking the financial status, business processes and compliance of an organization, company, enterprise and individual. To discover potential problems, risks or fraud, and help its management to evaluate and improve risk management, internal control and corporate governance. 2. Auditing is usually conducted by professional auditors or audit teams, who will conduct auditing according to national laws and regulations, international standards and industry norms, and provide independent and objective opinions to the auditee to help the auditee better understand its financial status and business processes, so as to further strengthen internal control, optimize business processes and improve credit. 3. Audit covers a wide range, including financial audit, internal audit, information system audit and compliance audit. Audit plays an important role in ensuring the legal and compliant operation of the company, which can help the company avoid economic losses and reputation losses.