Information on Leicester
Leicester Auditors
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Further Information on Auditors
The most general description of an audit is an appraisal of a person, business, scheme, method, project or merchandise. Audits are carried out to try to ascertain the validity of information adn also the reliability of information. Auditing is consequently a part of some quality control schemes. The overall goal of an audit is to express a professional opinion on the thing being audited. However due to certain practical constraints, an audit can only give a reasonable declaration that the statements are free from material error. In the case of financial audits, a set of financial statements are said to be true and fair when they are free of material misstatements. It is requirements for companies to have their accounts audited before being submitted to companies house to ensure that the public is not misled.