Business rules are always being updated and constantly changing, but not the fundamentals that govern them. For this reason, investors need to be met by their expectations. A first source of information is the examination of the financial statements and how they are disclosed, their correctness and legitimacy.
Auditing is essential to maintaining market confidence in the company and in the financial system as a whole. It should follow the rapid evolution of corporate reporting and coexist with a business environment characterized by investor skepticism and continued vigilance of corporate information, including non-financial information.
The treatment of an audit should be designed so that the auditor has full understanding of the business of the company, and of the areas in which it establishes business.
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