Question

Six reason to do audit​

Answer 1

Answer:

1.  To insure the effective operation of an organization.

2.  To review compliance with a multitude of administrative regulations.

3.  To instill a sense of confidence in management that the business is functioning well and you are prepared to meet potential challenges.

4.  To maintain/enhance the organization’s reputation in the community.

5.  To perform a “due diligence” review for shareholders or potential investors.

6. Not all policies, practices, and procedures are committed to writing. It is vitally important that companies have a process to ensure that everything stays up-to-date and legal, AND actually works as intended.

Explanation: smort doggo is off to another question