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This question is about what an internal auditor does.
What do internal auditors do on a daily basis?
Internal auditors examine company records and financial documents, identify potential issues, and investigate ongoing problems on a daily basis.Here are some details on the daily activities of an internal auditor:
- Examine company records and financial documents. The largest part of an internal auditor's day is reviewing an organization's processes, along with its operations and goals.This can be extremely time-consuming, so internal auditors often set smaller daily, weekly, and monthly goals to make their job manageable. Examining company records and finances may take less time and planning for smaller companies.
Identify potential issues. After reviewing company records and documentation, internal auditors are able to identify potential issues that may arise. They can offer professional advice to management regarding the best ways to prevent these issues from occurring. Internal auditors help companies continually improve the efficiency of their processes.
Investigate ongoing problems. In some cases, internal auditors may come across problems that have already arisen, and require additional investigation to understand and fix. Internal auditors are responsible for doing the research it takes into the company's history to figure out when and why the problem started, how long it has been going on, as well as presenting the best solutions to solve it.
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