The basic definition of auditing essentially indicates that, overall, auditing is a process to: O detect fraud. O examine individual transactions so that the auditor may certify as to their validity. O objectively obtain and evaluate evidence regarding assertions made by another party. O assure the consistent application of correct accounting procedures.

The basic definition of auditing essentially indicates that, overall, auditing is a process to: detect fraud. examine individual transactions so that the auditor may certify as to their validity. objectively obtain and evaluate evidence regarding assertions made by another party. assure the consistent application of correct accounting procedures