Company Audit and Relationship among Audit Committee, Internal, External Auditors, Board of Directors and Management:
Company Audit and Relationship among Audit Committee, Internal, External Auditors, Board of Directors and Management: There is a direct relationship among all the concerned stakeholders for a company audit process. The audit is an inspection process through which a company or business venture is normally examined by an independent body. The Modern day business mostly gives weight to the Ethics and complete business controls, through that way they achieve the effectiveness and efficiency in their daily business performance. That the reason the internal control by business operations staff, management and leadership is the key to success in business. Although the external auditors for the business financial reporting and statements analysis still important for the business and company legal value and worth. Here is the short and glance view of the different organization stakeholders role in the audit process. Board of Directors and Management: ...