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Internal Auditing and Internal Control reduces the financial risks in the business transactions of any organization and helps the organization to be disciplined and organized with clear policy matters. In briefthisinvolves everything that controls risks to an organization, adds value to improve productivity and hence, profitability. It only advises the governing body of an organization for the better way to execute their responsibilities. The professional of internal auditing works for government agencies, public treading companies, non-profitable or organizations etc. Their basic objective on which all the businesses striveare:
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Every business has some bars or limitations for their activities and operations viz.
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