A financial audit is an examination of an organization's financial statements and related operations to ensure accuracy and compliance with accounting standards. Auditors review records, transactions, and internal controls to verify that the financial information presented is reliable and free from significant errors or fraud. The process typically involves both internal and external auditors. Internal auditors work within the organization to assess risks and improve processes, while external auditors are independent professionals who provide an objective evaluation. The results of a financial audit can help stakeholders, such as investors and regulators, make informed decisions.