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Business strategy
The importance of periodic financial audits to an organization.
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[QUOTE="Yusra3, post: 294247, member: 31907"] Organizations are constantly facing challenges, and one of the most important ones is how to keep their finances secure. Financial audits are an important part of ensuring that your organization can continue its operations without any issues. This is why it's important for organizations to have regular financial audits in place. There are many reasons why you should have a financial audit done on your organization. Here are some of them: 1: You will be able to see where the money went and make sure that it was used for its intended purpose. 2: You will be able to see what needs to be improved or fixed in order for your organization to run smoothly and efficiently. 3: You will be able to see if there are any areas where money was being wasted or not being used properly by your staff members or clients alike. 4: You will be able to see how much profit there is in your business so that you know how much money you need in order for things like paying down debts or investing more into new ideas within your company's growth plan." [/QUOTE]
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