The general definition of an audit is an evaluation of a person, organization, system, process, enterprise, project or product. The Colleges for Auditing explains to its students the in-depth knowledge of accounting, internal auditing, and government auditing. Besides, similar concepts like project management, quality management, water management, and energy conservation, are also included in the curriculum by Colleges for Auditing. Auditing is a vital part of accounting. Traditionally, audits were mainly associated with gaining information about financial systems and the financial records of a company or a business.