Internal Auditing is done to ensure proper functioning and value addition in an organisation. It has immense positive impact on your company’s daily activities, discipline and, definitely results. And Internal Auditing plays a vital role in reaching your business goals. Internal Audit – Few more points It protects your business and assets in different ways, as Internal Audit covers financial transactions and physical assets as well. Audit Report is submitted after each Audit and their findings are recorded. Finally, suggestions and appropriate action plans will be there. Generally Internal Auditors are from the company itself and they are expected to report to the Management and Director Board.