An Audit Agency is an organization responsible for evaluating and verifying the financial records and operations of businesses, government entities, or non-profit organizations. Their primary goal is to ensure accuracy, compliance with laws, and proper use of resources. They conduct audits to assess financial statements, internal controls, and overall performance. These agencies can be independent or part of a larger organization, such as a government body. They provide valuable insights and recommendations to improve efficiency and transparency. Examples of well-known audit agencies include the Government Accountability Office (GAO) and International Auditing and Assurance Standards Board (IAASB).