Audit and Assurance Services involve the independent examination of financial records, operations, or systems to ensure accuracy, compliance, and transparency. These services help stakeholders gain confidence in the financial information provided by an organization. Audits detect errors, fraud, and inefficiencies, while assurance enhances the reliability of the data. They are crucial for regulatory compliance and informed decision-making by investors, management, and authorities. formed decision-making by investors, management, and auth formed decision-making by investors, management, and auth