Similarities between auditing and investigation

What is the difference between an audit and a review?

An audit is usually performed to find out the authenticity of the product

A review will also help to understand the working of a particular process and if the proper procedure is being followed or not

This examination is generally conducted by a separate third party which has no relation to the company being audited

Auditing is an impartial and methodical examination of the financial statement of an entity to give an opinion on true and fai…

Categories

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Difference between auditing and monitoring
Difference between auditing and inspection
Difference between auditing and financial accounting
Difference between auditing and investigation in tabular form
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