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What kinds of audits are there? What type of audits do comp

What kinds of audits are there? What type of audits do companies generally have?

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There are many types of audits. The most common types of audits are financial statement audits, which is the kind of audit that we hear about most frequently. There are also insurance audits, worker's compensation audits, federal unemployment audits, state audits, and IRS audits.

During the financial statement audit, the auditors determine if the financial statements are accurate, or if they contain misstatements. The auditor then issues an opinion regarding how reliable the financial statements are, after proper ...

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What kinds of audits are there? What type of audits do companies generally have?

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