Audit and Assurance Report - Importance of Auditing and Assurance

This report discusses the importance of auditing and assurance, including the independence of auditor, objectivity of auditing, audit risk, audit strategy, and the difference between interim and final audit. It also covers the disqualification of auditors, the concept of objectivity, and the potential indicators of a company not being a going concern. The report provides various procedures and steps that auditors can take to address these issues.