Why is an audit important ? Give reason in short .

Social Studies

2 answers:

const2013 [10]2 years ago

6 0

Answer:

Compliance. Obviously this is one of the main reasons to conduct an audit: to meet the statutory requirements and regulations in your industry. ...

Explanation:

Otrada [13]2 years ago

5 0

The purpose of auditing internally is to provide insight into an organization's culture, policies, procedures and acids board and management

oversight by verifying internal controls such as operating effectiveness, risk mitigation controls and compliance with any relevant laws or regulations

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Why is an audit important ? Give reason in short .​

Why is an audit important ? Give reason in short .