At the end of every financial year, company’s are expected by statute to have their financial statements reviewed by an independent professional who after going through the accounts, expresses an opinion as to whether the financial statements present a true and fair view of the financial position of the company. This procedure is normally called a year end audit and is conducted by an auditor. This chapter gives an introduction of auditing and its benefits. By the end of this chapter, you are expected to have a general understanding of the general Audit environment by being able to distinguish between auditing and accounting, the objects of an audit, types of audits, stages of an audit and the benefit