An audit is a systematic examination of financial statements, records, and other information of an organization to ensure accuracy, compliance with laws and regulations, and proper financial reporting. Audits are typically conducted by independent auditors who assess the financial health and integrity of an organization by reviewing its financial documents, internal controls, and processes. The goal of an audit is to provide assurance to stakeholders, such as investors, creditors, and regulators, that the organization's financial statements are reliable and accurate. Audits can also help identify areas of improvement in a company's operations and financial management practices.