Internal auditing is assessing a company’s internal controls, corporate governance, and accounting systems for effectiveness.
However, if no one is seeking them, huge blunders and problems in major organizations and corporations may go unreported for a long period. And. this is where accountants and accounting software’s such as Deskera can help.
Internal auditing is a value-added service that identifies and corrects defects in a process for management and the board of directors. This is also vital for safeguarding businesses against fraud liability.