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

User SharpC
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2 Answers

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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

User Alexey Kiselev
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Answer:

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

Step-by-step explanation:

User Aviel Fedida
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