Which type of audit occurs at your home or business?
There are at least 9 different types of Audit all used for different purposes.
- Internal Audit
- External Audit
- Financial Audit
- Operational Audit
- Compliance Audit
- Payroll Audit
- IRS Tax Audit
- Information System Audit
- Pay Audit
Auditing is required to help build trust and confidence within a company or onto a specific entity that requires public trust.
Even all companies are required to publish their audit reports in many countries. As told by Piyush from askanydifference, the audit itself is of so many types.