The term audit usually refers to a financial statement audit. A financial audit is an objective examination and evaluation of the financial statements of an organization to make sure that the financial records are a fair and accurate representation of the transactions they claim to represent. The term review for the most part alludes to a fiscal summary review. A money related review is a target assessment and assessment of the budget summaries of an association to ensure that the budgetary records are a reasonable and exact portrayal of the exchanges they guarantee to speak to. The review can be directed inside by representatives of the association or remotely by an outside CERTIFIED PUBLIC ACCOUNTANT firm. Contingent upon area of the S.P.V. the fiscal summaries and yearly records of the S.P.V. must be evaluated by at least one free AUDITOR. The AUDITORs are then designated by the administration body of that S.P.V.

Leave a Reply

Your email address will not be published. Required fields are marked *