Well, if you thought that a newborn baby cannot hear, thing again!! The sense of hearing in an infant develops much before the birth of the baby. When in the womb, the baby hears his mother's heartbeats, the grumbling of her stomach and the sudden loud noises like a car blaring or a drum banging.
Some typical stages in the audit process. An audit is a systematic and independent examination of books, accounts, statutory records, documents and vouchers of an organization to ascertain how far the financial statements as well as non-financial disclosures present a true and fair view of the concern.
An audit(normally thought of as a financial statement audit) is a type of attest engagement. More information on the type of attest engagements can be found here (http://www.aicpa.org/Res earch/St...