Auditing is the process of examining and evaluating an organization's financial records and operations to ensure accuracy and compliance with established standards and regulations. This systematic review helps identify any discrepancies or areas for improvement, providing stakeholders with confidence in the integrity of the financial statements. Auditors may be internal, working within the organization, or external, hired from outside firms. The primary goal of an audit is to provide an independent assessment of financial health and operational efficiency. Audits can also extend beyond finances to include compliance with laws and regulations, risk management, and overall governance practices, ensuring that organizations like public companies and nonprofits operate transparently and responsibly.