I am not an expert in the field of Audit. For me, an audit comes down to recommendations that financial documentation for a period is reliable and can be trusted. In general, audit has a beneficial effect on economic activity and contributes to the implementation of generally accepted standards of economic reporting. Accelerates market interactions.

In simple terms, no matter what financial statements that have been audited fall into your hands, they would be easily perceived by you without taking into account the specifics of the activity, be it a school, a hospital or a service center. Which is especially important in the current conditions, for example, for a decentralized economy.

Typically, for an investor, an audit reflects the consequences of financial decisions made. Perhaps there are counter-audits, but I’m not familiar with it, it’s hard to even imagine how to go into a counter-audit for Bitcoin whose capitalization exceeds one trillion dollars.