What are the two major types of internal auditing services?
Internal auditors are important in business because they can help identify potential problems and ensure the accuracy of financial information. They can also provide advice on how to improve the management of a company. There are two main types of internal auditing services: financial and performance. Financial audits are designed to assess the financial condition of a company and identify any problems with its accounting methods. Performance audits look at how well a company is performing and identify any areas in which it could be improved. Types of internal auditing: Internal auditing is a process of monitoring and evaluating the operations of an organisation to identify and prevent potential wrongdoing. This type of audit can help organisations collect data and detect potential problems before they become major issues. There are many different types of internal auditing services that can be used in an organisation, so it is important to find the one that best suits your needs. A re...