The internal audit focuses on assessing the entitys controls and performance and recommends ways to improve them. It ensures a company follows the adopted accounting standards. Internal Audit Vs External Audit Internal Audit Audit External As opposed to this an external audit. . The Yellow Book option is a financial statement audit of all HHS award activities of the. The external audit should produce a report which adheres to the reporting standards relevant to a specific industry and is not usually as detailed as an internal audit. The internal audit allows stakeholders of the organization to understand. While internal auditors may analyze a companys financial statements they also have other roles. External radiation exposure occurs when part or all the body is exposed to a penetrating radiation field from an external source. Audits whether internal or external gauge the performance of a company or organization in a speci
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