The accounting audit is an important management tool that many entrepreneurs use to ensure the reliability of their business. Of its two main forms, internal audit and external audit, this mechanism is one of the most effective ways to validate internal controls and financial statements, and consequently, detect fraud, operational errors, and a series of…
Tag: External audit
The basics of internal and external audit
Every company or organization must have an auditor in charge to investigate it. So that you better understand whether you should choose an internal or external auditor, try to know the difference between internal and external audits first. When we talk about internal and external audits, many entrepreneurs have doubts about their differences and applications….
Which audit is right for your company?
Having an audit process in companies is synonymous with management and organization between companies, employees, and the market. Since the role of an auditor is to evaluate internal documents and procedures, they also analyze the accounting part to lead the company to the closest path to excellence. To evaluate the events of a company, two…