Ethics:

Ethics is the set of some moral values and principal that differentiate right and wrong morally.

Audit:

The audit is the process of checking the financial statements of a company `to ensure that it is 100% authentic and free from any kind of bias or fraud.

Corporate governance:

It is a set of rules, laws, and regulations under which business organizations operate. It helps the organization to work smoothly. It ensures transparency between management and shareholders.

Fraud:

Fraud means the willingly wrong representation of something, to hide some material facts from outsiders or mislead them about some facts.

Risk assessment:

It is a process conducted by the audit firm to collect information about the company. This information includes the nature, environment, chances of material misstatement, etc.