An internal audit evaluates the effectiveness of a company's internal controls, risk management, and governance processes to ensure compliance and operational efficiency.​

The frequency varies depending on the organization's size, industry, and regulatory requirements. However, conducting internal audits at least annually is generally recommended.​

Yes, internal audits play a crucial role in detecting and preventi

While not always mandatory, internal audits are highly recommended to ensure compliance with UAE regulations and to promote good corporate governance.​

Internal audits are conducted by or on behalf of the organization to assess internal processes, while external audits are performed by independent auditors to validate financial statements for stakeholders.​