There are 2 types of Internal audits :
Types Of Audits Are
Implementation of Internal Controls
Internal controls being an essential part of any organization, are implemented to ensure the integrity of accounting details, encouraging accountability and preventing the risks of fraud. There are various checks and balances which is the most critical and complicated process of an entity. With our vast experience in various industry verticals, our team is aware of the best practices and various checks and controls at various processes. Most organizations are moving towards implementing ERP or automating their processes, hence this calls for strong checks and controls to avoid errors.