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This series of lectures delves into the Fundamental Principles of Auditing, focusing on DA11 Principles of Auditing. The second lecture specifically explores the principles of auditing, introducing students to the auditing subject. Utilizing wiki knowledge, we can summarize that auditing is a systematic process of evaluating financial records to ascertain their accuracy and reliability, ensuring compliance with regulations and identifying areas for improvement. These lectures provide a foundational understanding of auditing principles.

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