The financial audit process typically includes the following steps:
1. Planning: The auditor gathers information about the company, its industry, and its internal controls to design the audit approach. 2. Fieldwork: The auditor tests the company's financial records and internal controls to gather evidence. 3. Reporting: The auditor issues an audit report, which includes an opinion on the financial statements. 4. Follow-Up: The auditor may follow up on any issues or recommendations made during the audit.