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Workshop: The Business Audit – Women Like Me Business Club
The Business Audit
The women like me business club is running a business auditing event in London.
Business auditing: a systematic check or assessment of financial records of a business, department or organisation to establish accuracy or efficiency or effectiveness.
The need of audit arises due to the fact that a business enterprise needs to ensure the correctness of all accounts pertaining to the business.
Audit is an effective tool for a Business Management, as internal audit is conducted in order to ensure the policies are being followed. It enables to make valuable suggestions for improvement and to formulate future policies of a business. Audit also helps management to review the policies from time to time