A financial audit is an independent examination of an organization's financial statements and related operations. The primary goal is to ensure accuracy and compliance with accounting standards and regulations. Auditors review financial records, assess internal controls, and verify that the financial statements present a true and fair view of the organization's financial position. The audit process typically involves gathering evidence, conducting interviews, and performing tests on transactions. At the end of the audit, the auditors provide a report that includes their opinion on the financial statements. This report is essential for stakeholders, including investors, regulators, and management, to make informed decisions about the organization.