Audit is to review and adjust the statements that have been formed by enterprises and the accounting treatment during the audit period according to accounting standards, auditing norms and other financial accounting provisions. The audited statements are more standardized and reasonable. Some enterprises' accounting does not necessarily conform to the financial norms, so it is unreliable in the face of economic behaviors (namely stock trading, restructuring, listing, etc.). ). Professional third-party audit institutions are needed to audit the statements, and the audited statements are used as the basis for decision-making. Audit can be annual report audit, monthly report audit, special audit with a specific benchmark date for a specific economic behavior, and partial final accounts audit of engineering projects.

Asset appraisal is a re-evaluation of the fair value of enterprise assets and liabilities on the base date. Most subjects of enterprises are cost measurement. When I bought the assets, it was a lot of money, and then it began to depreciate, which was reflected in the statement as a net value. But what is the real value of this asset now? This requires asset evaluation. Of course, each subject's assets and liabilities have their own valuation methods, and you will know it after reading the book. This is the cost method in the ordinary sense, and it is also the income method to evaluate the overall value of the enterprise by predicting the future development trend of the enterprise and the market method to obtain the enterprise value by comparing with other enterprises. Generally speaking, the fair value of the statement is evaluated, that is, the value on the base date.