An audit consists of the review, by an accounting expert, of the accounts of a company to prove, before third parties, the reasonableness of the veracity and reliability of its content. The most common audit is the one that is carried out, compulsorily, on the company’s annual accounts and concludes, after review by the audit…
The internal auditor must always have a clear understanding of what is happening in the company and where it must come to become more successful. New technologies, growth in the volume and speed of data exchange, global economic development- all these changes are the requirements for companies. New challenges and risks appear. The internal audit…
Although the concept of auditing tends to generate a bit of fear, the benefits that are achieved by auditing different areas of productive activity are numerous. Audit companies can do a lot for your business, they are an ally! The concept of audit refers to an analysis or examination that is carried out on a…
In the face of economic uncertainty, internal audit has become a critical resource that can help companies improve their internal control and risk management systems and improve overall business performance. And if 2-3 years ago, managers preferred to outsource many of its functions, today there is a tendency in the market to massively attract internal…
Today the concept of “internal audit” has become widespread in business. Many large enterprises and companies prefer to create their internal audit services and departments, training their employees. When deciding to conduct an internal audit, it is necessary to determine its subordination to the audit committee of the board of directors or directly to the…
Internal audit staff conducts an independent assessment of all systems and processes of the organization from the point of view of how effectively current tasks are being solved and goals are being achieved. They make recommendations to remove bottlenecks, mitigate risks, and as a result they make sure that systems and processes are improved. Firstly,…
