Best QuickBooks Consulting & Training in Naperville, IL

Internal Audit vs. External Audit: What’s the Difference? As a professional Chicago-based CPA firm offering comprehensive audit services, we understand that navigating the intricacies of business audits can be challenging and even intimidating, especially if you don't understand how an internal or external audit functions. In this blog post, we'll shed light on the fundamental distinctions between an internal and external audit. Both play crucial roles in assessing a company's financial health and ensuring compliance, but they differ in scope, purpose, and approach. Clarity on these differences allows business owners a clearer understanding of each type of audit and how they contribute to the overall financial integrity of an organization. Let's dive into the world of audits!