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1
upto 4 Business Units
upto 8 Business Units
upto 10 Business Units
1
20 locations
60 locations
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5
20
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100
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Unlimited
upto 5
upto 20
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An internal audit is an independent, objective assurance activity designed to add value and improve an organization's operations. It helps evaluate risk management, control, and governance processes.
The frequency of audits depends on organizational needs, risk assessments, and compliance requirements. Typically, audits are conducted annually, but high-risk areas may require more frequent reviews.
Internal audits are performed by employees or internal teams to ensure internal controls are effective. External audits are done by third-party firms to provide independent opinions on financial statements.
Documents like financial statements, invoices, bank statements, contracts, and compliance reports are usually required during an audit.
Yes, major non-conformities found during an audit can delay or affect certification. It's important to resolve all findings in a timely manner.