Greetings dear readers, with this new facet of businessman I have many concerns about the right way to manage a company, in the various reviews I have made of different texts, I found a tool that I consider from my point of view important within a company, I refer to the audit that according to my perception allows organizations to know what their current situation, ie, how their income and expenses are going. In this sense, it does not matter if the company is large or small, the objective is to keep its financial situation and internal controls organized.
Astorga (1995), stated that the audit is the examination by the auditor of the financial statements of an organization, through the application of a series of procedures, subject to certain rules, and the performance of certain tests, based on solid accounting knowledge, to ensure that they present a true and clear view of the transactions summarized in the period under review and thus be able to issue an impartial opinion.
That is, the audit is that detailed examination that is performed to the company to verify whether it has a trained and efficient staff to help meet the established objectives, and it is also the one that determines through certain processes if the company has profits or losses. It is essential to have auditors specialized in the subject that can give real and efficient results quickly and concisely.
It should be noted that there are many types of audits, each one dedicated to a specific subject, but in general the administrative audit is applied because it is in charge of evaluating if all the objectives of the companies have been fulfilled and the financial audit because it determines the economic situation of the company.
In this sense, some authors recommend that this type of audit is applied by an auditor completely external to the company that does not have any links with owners or workers and thus can give clear and real results regarding the current situation of the company. The auditor will generate a report specifying all the observations obtained at the time of the audit with their respective recommendations.
Finally, specialists in the area recommend performing an audit at least twice a year, since this is the way to follow up on all the weaknesses that the company has in order to improve every day and not affect its financial situation and achieve the established objectives.
Astorga, M. (1995). Auditing I Caracas: UNA Publications
