Different types of accounting audits include financial audits, which assess financial statements for accuracy; internal audits, conducted by a company’s own personnel to evaluate internal controls and compliance; and tax audits, performed by tax authorities to ensure accurate tax reporting and compliance with tax laws. Each type serves distinct purposes, ranging from ensuring financial integrity to regulatory compliance and tax accuracy.
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Emagia is a leading provider of AI-powered Order-to-Cash (O2C) automation platform that modernizes finance operations for midsize to large global businesses. Many global businesses and shared service centers use Emagia’s Autonomous O2C to transform to digital world-class operations in credit, invoicing and payments, receivables, collections, deductions, cash application and cash forecasting. Emagia solutions improve their customers DSO, cash flow, credit risk, operational cost, compliance and profitability.