The present report is associated with the audit of financial statement of ABC Learning. The report would assist the users in understanding how and when the work of audit is performed. The report would take into the account the process of audit. The report would be dealing with the different perspective of audit associated to ABC Learning. It represents that how the auditor implements check on the financial books of the organization and how the material misstatement are assessed in the financial reports. The report would conclude at last the different trends of common size analysis, trend analysis, du point analysis and Beneish MScore model.