APPRAISAL OF THE USEFULNESS OF AUDITING IN AN ECONOMY

This study was carried out due to some problem that associated with auditing. It started with the definition of auditing. Also in recent economy auditing is very useful as it enables the shareholders of a firm or directors of one firm to know whether their financial position of the account is true and far view. It also talked about types of audit, which include internal and external audit. Also this work will be find very interesting as some people who will use it as their relevant material while writing their project since it will be kept in the library. Through the work, the problem that associated with accounting and non-balancing balance sheet is noted and solved.