[3] For larger corporation audit provide confidence to the shareholder and investors that the figures shown in the books is reliable.
It is important that the teams works efficiently, carrying out audit can be time consuming so being organised and managing different information helps with the productiveness.
[8] Auditing involves planning, method, facts, procedures, controls, risk, and management.
[9] Communication skills is key to many successful auditors, as you develop through your career getting you message across in your unique way clearly helps project your professionalism.
[11] It is important that the United Kingdom economy has organised and effective capital markets and there is self-assurance in the business framework through greater transparency.