Review the assigned readings and respond to ALL of the following: (In addition to the course textbook, include at lease one other research source.)

1. What is an audit (in the context of financial accounting)? Can an audit ensure that fraud and theft are not present in the accounting system? Why or why not?
2. What are some ways in which accounting for health care organizations (HCOs), especially not-for-profit (NFP) ones, tends to differ from accounting in other industries?

Reference:

Cleverley, W.O. and Cleverley, J.O. (2018). Essentials of Health Care Finance. (8th ed).

Jones & Bartlett Learning.