Thursday, August 20, 2015
Best Practices in Auditing
Organizations conduct audits to examine a business process and evaluate the process’s compliance with internal and external requirements. They also use audits to implement continuous improvements. Internal and supplier audits allow management to:
Learn about potential problems before they become burning issues.
Identify failure points within a process so relevant stakeholders can implement corrective actions in a timely manner.
Determine the effectiveness of controls within a process.
Posted by Joao Moraes at 11:38 PM