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The fundamental objective of the audit of a company is to:
Protect the interests of the minority shareholders
Detect and prevent errors and fraud
Assess the effectiveness of the company’s performance
Attest to the credibility of the company’s accounts
The objective of an audit is to form an independent opinion on the financial statements of the entity. It is to attest the credibility of company’s accounts.
By: Vikas Goyal ProfileResourcesReport error
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