
Internal audit and risk audit
Internal control helps to assess potential risks associated with the activities of the enterprise. One of the tools of internal control is internal audit.
The presence of an internal audit department in a company increases the company's investment attractiveness and the trust of creditors, helps minimize the risks associated with the company's activities, and increases competitiveness.
Creating your own audit service requires additional costs and the selection of highly qualified employees. Therefore, today the practice of outsourcing the functions of the internal audit service is widespread, which allows for effective control and management of the company, as well as optimizing business processes.
A risk audit involves checking the most risky issues of your business, allowing you to create an effective risk management model at the enterprise and provide reliable protection against external and internal influences.