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Auditing is a complicated topic to deal with this includes analysis, review, and evaluation of product, process, services and many other aspects. The auditor has a lot of things to handle that makes this job very attractive to many students.
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The post audit is needed to be carried out right after an investment project implemented and approved. This involves checking whether the expected results are realized or not. This is the key aspect of the capital budgeting procedure of a company. This helps managers in being honest with their specific investment proposals.
The downplay the costs or any tendency to increase the benefits in the plan becomes apparent after doing some post audit. This also provides the chance to possibly expand and reinforce successful projects also for minimizing losses on struggling initiatives.
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