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Checking the financial statements of a company is called an audit. This is usually reflected in the company's annual report prepared by auditors. This usually refers to a specific past reporting period. An audit report based on sample testing of the company's activities is a mandatory requirement after the audit is completed. The statement includes a statement of income, balance sheet, statement of changes in equity, as well as a statement of cash flows and explanatory notes, which summarize the main accounting policies. http://www.confiduss.com/en/info/blog/article/international-auditing-standards/

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