What’s the Difference Between Internal and External Audit and Why Does It Matter? Are you confused about the difference between internal and external audit? Understanding both is crucial for strong financial governance and compliance. Internal audits help improve operations, while external audits validate your financial reporting. Explore how each type of audit supports business growth, detects risks, and ensures regulatory compliance. Learn why knowing the distinction between internal and external audit is essential for informed decision-making and effective business management. To know more visit here: https://www.pkf.com.au/services/audit/