In the construction industry, auditing plays a crucial role in ensuring compliance with regulations, standards, and best practices. Construction audits involve a thorough examination of financial records, project documentation, and quality control processes to identify any discrepancies, errors, or potential risks. These audits help stakeholders, such as project owners, contractors, and regulatory bodies, to assess the financial health of a construction project, monitor progress, and ensure that resources are being used efficiently and effectively.Additionally, construction audits help to identify areas for improvement in project management, risk mitigation, and quality control. By conducting regular audits throughout the construction process, project stakeholders can proactively address issues before they escalate, leading to cost overruns, delays, or quality deficiencies. Audits also provide valuable insights into
What is Audit?
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