Objectives of Internal and External Audits
In more than two pages, write an essay to compare the Internal and External audit objectives
In more than two pages, write an essay to compare the Internal and External audit objectives, plagiarism free, apa style
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Audits are broad statements of official inspections conducted by auditors. Organization’s books of accounts, financial records, and documents are inspected with the aim of expressing an opinion as to the accuracy of the financial statements of companies. An internal auditor conducts internal audits within the company while independent auditors conduct external audits. This is done to boost the confidence of stakeholders in the financial statements prepared.
Internal Audits
Chief audit executives do internal audits in a company or organization. An internal inspection is this case will cover the company’s or organization’s practices and risks to add value and improve operations. Will Kenton (2018), adds that internal audits ensure compliance with the laws and regulations that have been …
(750 words)