The Importance of Internal Control and Auditing:

  • Enhancing the efficiency and effectiveness of control processes.
  • Ensuring the reliability of internal and external reports.
  • Improving the decision-making process based on more reliable information.

Objectives of Internal Control and Auditing:

  • Ensuring the accuracy of financial data.
  • Protecting the organization’s assets and properties.
  • Ensuring the implementation of administrative policies.
  • Preventing fraud and errors.