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How do periodical internal audits add value to a company?

How do periodical internal audits add value to a company?

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Question added by Pavel Rupasov , Seeking new opportunity , Confidential
Date Posted: 2017/07/13
Mohammed Alshameri
by Mohammed Alshameri , مدير فريق عمل هندسي , شركة الرائد للاستشارات الهندسية

1- Give advice on control weaknesses.
2- Ensuring reliable and accurate financial reporting and the safeguarding of assets.
3- Add reliability to the financial statements.
4- Find and stop instances of fraud.
5- Confidence to management.

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