The audit process consists of several key stages that must be followed systematically.The first stage involves planning and gathering initial information about the organization.Next, the auditor examines and evaluates the internal control system.The third stage involves detailed examination of accounts and documents, including sampling for verification.Finally, the auditor reviews financial statements including the balance sheet, income statement, and cash flows.All these stages must be conducted in accordance with Algerian auditing standards.These systematic stages ensure a thorough and compliant audit process.The audit concludes with a detailed report containing the auditor's opinion on the financial statements.This report must be presented to both the general assembly of shareholders and the board of directors.The auditor bears legal responsibility for the accuracy of their report.They can face both civil and criminal liability in cases of negligence or collusion.The auditor must also maintain professional confidentiality and adhere to the professional code of ethics.Violations of these responsibilities can result in serious consequences.
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