Internal audit is performed by:
Internal audit is performed by:
Internal audit is performed by audit professionals within the company. These professionals are part of the internal audit department and are responsible for evaluating the organization's internal controls, risk management, and governance processes to ensure compliance and efficiency in operations.
Internal Audit is a constant audit activity performed by the internal audit department of the organisation. External Audit is an examination and evaluation by an independent body, of the annual accounts of an entity to give an opinion thereon. Internal Audit is discretionary, but the External audit is compulsory.