It is one of any organization's most important components. To understand how a company or organization uses its resources, one needs to be familiar with the auditing cycle. TheAuditing Assignment Helpmust possess all necessary competencies, including command of fundamental accounting concepts and many others. Additionally, the auditors ought to pay close attention to every organization's business operations,Additionally, there are numerous reasons why an organization conducts an audit of its business. Forensic accounting, management fraud, and a requirement from the government are a few of the reasons. In order to ensure that businesses carry out their operations in an ethical manner, the government of each state or nation has enacted numerous regulations. The government requires that every business or organization conduct an audit and submit a report on it. The organization's character in front of the government will improve if it engages in ethical business practices. Additionally, shareholders may be more inclined to put their money into a reputable business.