Should elected officials audit ongoing administration books?



Should elected officials audit ongoing administration books?

Introduction

Auditing is described as the examination and evaluation of the financial statements of the company or an organization. Auditing is an unbiased process which is completed by the internal employees of the organization called internal auditors. It can also be done externally; this implies that an organization hires an individual or a firm to audit its financial statements. While the organization hires an external individual for the audit, care should be taken that only the individual that is licensed by the state to practice as a public accountant ...