AUDITING ELECTRONIC GAS MEASUREMENT PER API MPMS, CHAPTER 21.1
Auditing evolved as a business practice as owners began to realize a standardized form of accounting must exist to prevent
fraud. Financial audits made their way into businesses during the late 1700s. The industrial revolution brought about the
separation of job duties beyond what a sole proprietor or family could oversee. Managers were hired to supervise the
employees and the business processes.