Performing an adequate internal audit process can ensure the proper management of accounts receivable for the entire existence of the organization, managing to detect possible and actual deviations that occur in administrative processes and will serve to determine the rules and policies that can lead to achieve maximum efficiency in the use of resources.
In addition, it will also serve without leaving aside the logical and efficient application of processes in the recovery of the organization's capital that is in the condition of accounts receivable, which should be applied systematically as a platform in the management of all accounts.
It should also be noted that these mechanisms used will serve as supports in the future where evidence will be left of new explanations or conceptualizations supported to complement the significant aspects of the internal audit, as this directly affects the profitability of the company.
In this way the internal audit can contribute to the solution of administrative problems generated by the mismanagement of the different auditing processes in the management of the accounts that arise daily in the company, as well as it will allow to awaken the interest in discovering effective means of control that guarantee the adequate management of the assets that the company has.
In the same way, it provides a significant business benefit that will have repercussions in economic and financial benefits, since it will allow the company's administration and its personnel to carry out activities aimed at improving the management of accounts receivable through an adequate auditing process.
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I liked this topic a lot, years ago I studied accounting hehe, but this post reminded me of those times. Thanks for sharing your knowledge with this community. Good content.
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greetings @lenonmc21
Thank you very much to you for stopping by my blog, I hope you can keep visiting so you can remember more accounting content.
Thank you very much for your support
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