Team One Accounting is Orange County’s Local Bookkeeping Service! Our bookkeepers will help business owners understand, What exactly is an Audit?

The word “audit” can be thrown around a lot in casual conversation. When an accounting professional uses it, it means something very specific. Today we’ll talk about a variety of meanings, focusing on the most important ones for our clients: Financial Audits and IRS Audits! Financial Audit A financial audit is an official service designed…