An audit is an inspection of a company's accounting records, usually done by an independent certified public accountant. Audits are performed in an effort to determine whether a business is ...

A balance sheet audit is an evaluation of the accuracy of information found in a company's balance sheet. It involves a number of checks, per the auditor's balance sheet audit checklist, as auditors ...

A balance sheet is a financial statement that provides a broad overview of a given firm's assets, liabilities and shareholders' equity. This important document gives management and other interested ...

A document detailing a company’s financial position at a certain point in time, usually at the end of an accounting period. The assets listed, such as cash, inventory or property, should balance the ...