Auditing Standard No 3
from web site
Such an audit is useful to some lenders and even bonding agents in rare cases. External audit opinion helps small businesses to win the confidence of prospective investors and new business partners. Internal control systems must be monitored—the quality of the https://ormodapabw.doodlekit.com/blog/entry/21211136/latest-business-news-business-news-today-financial-news-share-market-news-economic-news-at-ndtv-profit system’s operation over a given period should be assessed. This is done with ongoing monitoring activities, special assessments, or a combination of both .
