⟩ Explain me what’s the importance of internal audit?
The importance of internal audits cannot miss in the interview. Well, here is how to go about answering on Internal Audit importance;
☛ They enhance the size and complexity of businesses
☛ They increase the compliance requirements
☛ Focus on risk management and internal controls to manage them
☛ Ensure that the stringent norms implemented by regulators to protect investors are adhered to
☛ Promote an increasingly competitive environment