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Audit of final project settlement

2007-12-18View Original

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Several civil engineering projects that have been completed by our company require external audit (audit of the final project costs). As a layperson in this field, I heard that before an external audit is conducted, the project owner must carry out an initial audit. What exactly does this initial audit entail? What to pay attention to? Thank you
Reply #22007-12-25
It involves checking with accounting firms or the owners’ audit departments to verify whether the final settlement figures you have prepared are accurate and reasonable. . .

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