Paraphrase the answers of the questions without losing its meaning.

Paraphrase the answers of the questions without losing its meaning.

All what I want is a paraphrase the answers of the questions without losing its meaning or its point.

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a. What is an audit? Why is it important?
An audit is a Methodical examination and authentication of the monetary statements of a corporation to make certain that the business records are an impartial and exact portrayal of the transaction they proclaim to represent, other pertinent documentations, and physical assessment of inventory by competent accountants known as auditors who can be internal by workers of the corporation, or external by an outer corporation.
Why is it important?
Auditing aids associations to accomplish objectives and targets by evaluating general performance and profitability, as identified in business records and transactions.

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