ACC 40006

ACC 40006 - Milestone 2: Auditing. Essay. Auditing is the “accumulation and evaluation of evidence about information to determine and report on the degree of correspondence between the information and criteria” (Arens, Elder & Beasley, 2014). These auditors certify that financial statements are in compliance with local and governmental laws, either GAAP or IFRS. These can include statutory audits, those done by certified accountants appointed by shareholders, and internal audits, those ...