Wednesday 27 January 2021

How to prepare your company for an audit

 

Now that you know how auditing can help your company and the main areas that can be audited, let's talk a little bit about how to get your company ready to receive Auditors in Dubai.

 1. Insert in the annual plan

 A very efficient way of not failing to audit the various sectors of your organization is to insert the activity in the annual plan.

 Thus, everyone knows in advance what the intentions of the company's management are.

 2. Have clear goals

 It is very important to involve all employees in this process. One way to do this is to share with all the reasons that led the audit and what questions are expected to be answered.

Read also: All about internal audit: what it is, benefits, when to do it and how to prepare

 3. Formalize the processes

 In addition to involving employees, the role of each person within the company must be made clear.

 Therefore, investing in training, being always available to talk and offering constructive feedback makes all the difference!

 4. Know what's best: internal or external audit

 During the text, we talked a lot about the purpose of audits. Therefore, before hiring a company or preparing a team to audit the company, know what result is expected from it.

 Reinforcing the concepts: internal audit serves to assess and survey data, while the external one will attribute credibility.

 We hope to have answered all your questions about auditing and why this is an important activity for your company, regardless of size.

 Read also: ERP software rental vs. ERP software purchase

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