What services do audit firms provide?
An example of an AI chatbot conversation about audit firm services.
What services do audit firms provide?
Audit firms typically offer services like financial audits, internal audits, tax advisory, and compliance consulting.
Can you explain the difference between internal and external audits?
Internal audits are conducted by the organization's own staff to improve operations, while external audits are performed by independent firms to provide an objective assessment.
How often should a company undergo an external audit?
Most companies should undergo an external audit annually, but it can vary based on regulatory requirements and company size.
What are the benefits of hiring an audit firm?
Hiring an audit firm can enhance credibility, ensure compliance, identify risks, and improve financial reporting.
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