The purpose of an operational audit is to improve the efficiency of day-to-day operations, reports Accounting Tools. These activities contribute indirectly to the functioning of the business.

Businesses can get a decent idea of how they are doing in operations by examining internal company data through reports and graphs. However, sometimes those close to the company don't review this data ...

A security audit is an independent review and assessment of an organization’s security protocols, processes and systems. An outside party conducts the audit and typically includes a detailed review of ...