What are some Ethical Auditing Practices?

[Good-Person]

Auditing practices are a common thing that should be discussed when we talk about finance. Auditing involves a big responsibility. So, what are some of the best auditing practices that are considered ethical?

 

[Kane]

The responsibility of the auditor involves checking the financial records of the company and creating a balance sheet. The purpose of auditing is to determine how much tax a company will have to pay the government. The ethical practice includes reporting actual revenue and not reducing profit for the clients so that he can get away with fewer taxes.