Access the DAMAC Properties annual report at below web page: Annual Reports | DAMAC Properties then download the Damac properties Annual report 2020 in English in PDF Form. Use the annual report to answer the following question. Go to Report of Independent Registered page 60-65 & answer the following question. Read the report carefully. (https://www.damacproperties.com/en/investor-relations/annual-reports)

-Reliable accounting and financial reporting aids society in allocating resources in an efficient manner. Explain why audits are demanded by society? Support your answer from the Annual report of 2020 of Damac Properties?