While quantum physics can be tough to wrap your brain around, its potential applications are very exciting. Quantum physicsâthe laws that govern the behavior of smallest components of our universe, such as fundamental particles, atoms and moleculesâis admittedly a tough subject, a complicated path of intricate mathematics and scientific theory.
The role of internal audit is to provide independent assurance that an organisation's risk management, governance and internal control processes are operating effectively.
Some audits are named according to their purpose or scope. The scope of a department or function audit is a particular department or function. The purpose of a management audit relates to management interests such as assessment of area performance or efficiency. An audit may also be classified as internal or external, depending on the interrelationships among participants. Internal audits are performed by employees of your organization.