Auditing is an independent, objective assurance consulting activity designed to add value and improve an organization’s operations. It allows a company to accomplish its goals with the aid of using a systematic, disciplined method to assess and enhance effectiveness and hazard management, manipulation, and governance processes. (Institute of Internal Auditors)

Internal Auditors monitor weaknesses within the management strategies that are in use and propose modifications to ameliorate any located weaknesses. Internal auditors ensure compliance with laws and regulations and help to maintain accurate and timely financial reporting and data collection. Internal Audits are very valuable tools for assuring a business is following the correct path to growth and profitability. Internal Auditors reveal weaknesses in the management processes in use and suggest changes to ameliorate any discovered weaknesses. A company’s utilization of resources can be evaluated to promote the most efficient consumption of resources.