The main purpose of auditing is to– - Study24x7
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18 Aug 2022 12:13 PM study24x7 study24x7

The main purpose of auditing is to–

A

detect accounting offences and to punish the offender

B

 prepare and authenticate the accounts

C

prepare the accounts and authenticate their true and fair view

D

certify the financial position of the business

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  • Priya Sharma

  • The purpose of an audit is for an independent third party to examine the financial statements of an entity. It determines the the financial position of the business. Thus, the correct answer is Option-D.

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