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.
A financial audit is conducted to provide an opinion whether financial statements (the information being verified) are stated in accordance with specified criteria.inancial audits are typically performed by firms of practicing accountants who are experts in financial reporting. The financial audit is one of many assurance functions provided by accounting firms.