Economics, Econometrics and Finance
6 years ago

Audits Empower Organizations to Manage Risks and Improve Outcomes

Internal Auditing & Risk Management
The Internal Audit Contribution to Knowing and Improving Risk Management of Economic Organizations
Cristian Virgiliu Radu

Paper Summary

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The article discusses how audits help economic organizations improve risk management by evaluating evidence to see if it matches certain criteria. Audits are used in various areas like finance, investments, marketing, quality, information systems, and social aspects. The goal is to provide valuable insights and solutions for better decision-making.