The process of performing an internal audit, compared to the external audit, provides more opportunity for participants to understand how their jobs, departments, and divisions fit into the whole organization.

Question

Quizplus · Accepted Answer

Internal audits are conducted by employees within the organization, allowing them to gain insights into the organization's operations and how different parts interconnect, unlike external audits which are conducted by outside parties.

The Process of Performing an Internal Audit, Compared to the External