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.
The first step of a financial audit is to determine the scope of the audit. The scope defines the boundaries of the audit, usually by specifying the time period being audited and the accounts or processes being tested.