External auditing is best described as:

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External auditing is about an independent examination of a company's financial statements to support an impartial opinion on whether they fairly present the entity’s financial position and performance in accordance with the applicable reporting framework. The emphasis on independence means the auditor is not part of the management and can provide objective assurance to users such as investors, lenders, and regulators that the numbers are credible. This contrasts with internal audit, which is conducted by the organization’s own staff to assess governance, risk management, and internal controls from inside the company. It also isn’t a tax review performed by management, nor is it a non-financial compliance audit, which would focus on whether the organization follows laws and regulations rather than the accuracy of financial statements.