1 Smoking is the leading cause of preventable death in the U.S., causing over 438,000 deaths per year. 2  Secondhand smoke is a serious health hazard for people of all ages, causing more than 41,000 deaths each year. 3  Marijuana smoke contains many of the same toxins, irritants and carcinogens as tobacco smoke.
Definition of Financial Audit. A financial audit is an independent, objective evaluation of an organization's financial reports and financial reporting processes. The primary purpose for financial audits is to give regulators, investors, directors, and managers reasonable assurance that financial statements are accurate and complete.
An audit is a formal check of financial accounts of an individual, business or organization. An internal audit is conducted by members of the same organization or business, and an external audit may be conducted by a regulatory agency or governmental agency. There are six specific steps in the audit process that should be followed to ensure a successful audit. After notifying the organization of the upcoming audit, the auditor typically requests documents listed on an audit preliminary checklist.