The Main Relationship Between Accounting and Auditing

Authors

  • Yusupov Bobomurod Abdimusoyevich Head of the Department of Legal Contracts (Samarkand Regional Department of Ecology, Environmental Protection and Climate Change)

DOI:

https://doi.org/10.51699/ijbde.v2i10.2666

Keywords:

accounting, auditing, financial management, financial transactions, financial statements, balance sheet, income statement, cash flow statement, accounting principles, accounting standards, independent examination, assurance, stakeholders, investors, lenders, regulatory authorities

Abstract

Accounting and auditing are two important components of the financial world that work together to ensure the accuracy, transparency and reliability of financial information. While accounting involves recording, summarizing, and reporting financial transactions, auditing serves as an independent verification process to assess the fairness and appropriateness of financial statements. In this article, we will explore the basic concepts of accounting and auditing, their interrelationship, and their importance in business.

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Published

2023-10-13

How to Cite

Yusupov Bobomurod Abdimusoyevich. (2023). The Main Relationship Between Accounting and Auditing. International Journal of Business Diplomacy and Economy, 2(10), 4–6. https://doi.org/10.51699/ijbde.v2i10.2666

Issue

Vol. 2 No. 10 (2023): IJBDE

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.