Audit and Accounts are the basic and crucial needs of every company. Whenever a company comes to checkout the things about any company so you must look at their accounts. Books of accounts carry the data about any company. These books are consisting of many sub books or different statements that can display the complete picture of a company.
Having a look at the balance sheets, profit and loss statements is required by every company. Because all of these statements serve greatly whenever it comes to income and expenses. The owner of the company and all the tax concerning institutes have also a keen eye upon all of these statements. So companies have to maintain the ledgers, books of accounts so that they can evaluate their economical and functional efficiency.