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In a short essay form, discuss the similarities and differences between financial statement audits, operational audits,...

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Accounting

In a short essay form, discuss the similarities and differencesbetween financial statement audits, operational audits, andcompliance audits. Give an example of each type. Please explain indetail for each audit because my textbook does not explain itwell.

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BASIC UNDERSTANDING FINANCIAL STATEMENT AUDIT A FINANCIAL STATEMENT AUDIT IS THE EXAMINATION OF AN ENTITYS FINANCIAL STATEMENTS AND ACCOMPANYING DISCLOSURE BY AN INDEPENDENT AUDITORTHE RESULT OF THIS EXAMINATION IS A REPORT BY THE AUDITOR ATTESTING TO THE FAIRNESS OF PRESENTATION OF THE FINANCIALSTATEMENT AND RELATED DISCLOSURE OPERATIONAL AUDIT OPERATIONAL AUDITS ARE FOR DETERMINING THE OPERATIONAL EFFICIENCY OF A COMPANY    See Answer
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