How To Conduct an Internal Audit in The Best Possible Ways?
In some cases, an internal audit is treated like a lifesaver that can and will fix everything. The growing interest in internal audit is driven by several factors. First, it is one of the few currently available and at the same time underestimated resources, the correct use of which can increase the efficiency of the company. Secondly, the presence of good corporate governance in the company, one of the links of which is internal audit, increases the investment attractiveness of the company. Internal audit is the activity of providing independent and objective assurance and advice aimed at improving the organization's performance. Internal audit helps the organization to achieve its goals using a systematic and consistent approach to assess and improve the efficiency of risk management, control, and corporate governance processes. First, the profession of an internal auditor itself is based on two fundamental qualities - independence and objectivity. Independence in this case is a...