Internal auditing is a catalyst for improving an organization's effectiveness and efficiency by providing insight and recommendations based on analysis and assessment of data and business processes. Hence, if you don’t consider it necessary then you are certainly wrong!
During any audit, the auditor perceives and recognizes the various points that need to be examined with care. He collects evidence, evaluates the same and on this basis formulates his/her judgment which is communicated via audit report.
Role of Auditors:
The role is essentially objective oriented and thus includes monitoring, assessing, and analyzing organizational risk and controls. Also, it’s properly reviewed if things are or not in compliance with policies, procedures, and laws. Working in partnership with management, internal auditors provide the board, the audit committee, and executive management assurance that risks are mitigated and that the organization's corporate governance is strong and effective. And, when there is room for improvement, recommendations are put forth to enhance the processes, policies, and procedures. This is a part of best mystery shopping in Delhi.