internal audit

Internal auditing is a process carried out by companies, organizations, and institutions to analyze and evaluate financial, administrative, and operational procedures, policies, and processes within the organization, and ensure their accuracy, effectiveness, and compliance with approved standards, regulations, and policies. Internal auditing provides recommendations to improve procedures and processes, ensure achievement of specific objectives, and reduce financial, administrative, and operational risks. It also helps to identify any weaknesses in operations and practices and provide appropriate solutions to develop and improve performance. Internal auditing can be beneficial for companies and institutions in achieving greater efficiency and effectiveness and reducing financial and administrative risks.