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Process Based Internal Auditing Article

Internal auditing is the process that provides your business the opportunity to define whether its internal and external requirements are being met. Unfortunately, it is often viewed as an expensive waste of time and a source of endless frustration with conflicting views and varying results. If done right, it can provide a wealth of information identifying process variation, non-value added steps, positive practices and ideas for improvement. Which path you take depends on how your company plans, manages, trains auditors, and executes its audit system.

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