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Accounting Schemes QUestion - what exactly is Auditing about? watch

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    Anyone here done/do auditing as part of a firm or gap year? Is basically just checking things add up? Or is there some consultancy added in too? Like speaking to clients about how to strategize with their finances etc?

    Could someone elucidate what its about? THAAANKS!
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    (Original post by 2strong)
    Anyone here done/do auditing as part of a firm or gap year? Is basically just checking things add up? Or is there some consultancy added in too? Like speaking to clients about how to strategize with their finances etc?

    Could someone elucidate what its about? THAAANKS!
    In one sentence, an audit is an independent assessment, checking companies financial accounts/statements to make sure that they are a valid and reliable judgement of the businesses operations.

    Are you thinking of applying to an accounting gap year in audit?
    If so, which one? And also, if you are, i would possibly read up on it slightly more than knowing what it is about in one sentence.
 
 
 

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