Explanation

A prosperity audit is a type of audit that focuses on evaluating the overall financial health and well-being of a company. It goes beyond the traditional scope of an audit, which typically focuses on detecting fraud, improving financial management, or complying with laws and regulations.

A prosperity audit is designed to provide a comprehensive assessment of a company's financial position, performance, and prospects. It examines various aspects of the company's financial health, including:

• Financial statements and reporting
• Financial planning and budgeting
• Cash flow management
• Risk management
• Financial performance metrics
• Governance and internal controls