10 Things to Do When You're Getting Audited
Audits happen, they’re normal, and they’re just a way to make sure everything is as it should be.
While it is tedious and frustrating, there are 10 key things that you can do to ensure you don’t feel like you’re losing control while being audited. So, let’s calm your nerves and go over the 10 things you need to do when you are getting audited.
In-House Vs. External Auditing
Auditing refers to the examination of a business’s or person’s accounts, financial statements, etc. to determine that everything is in order.
We are going to talk about two kinds of auditing today, in-house/internal and external. So, what is the difference? Well, to understand that, first, you must understand what they are, to begin with.