What is Audit?
An '''audit''' is an [[wikt:simple:evaluate|evaluation]] or [[examination]] of something by a person or group of people. They can be made to a [[person]], to a [[company]], to [[building]]s, to [[system]]s, to [[document]]s and many other things that are used by people. Audits are made to check something, like a person is paying their taxes correctly or that a document is correct. The most common type of audit are the audits performed on companies and their [[financial statements]], a type of document. In [[business]], many companies inform and report their operations, their [[money]], and their [[income]] in financial statements to many people for many reasons. They inform people like [[bank]]s, [[government]]s, [[investor]]s, and the [[:wikt:public|public]], for reasons like getting a loan, paying taxes, getting [[investment]]s, and improving their public image. == References == {{reflist}} [[Category:Business law]]