An Internal & External audit is an examination that is conducted by an independent accountants and internal controls how much is to be working and is it commensurate to the size of the organisation or not to be verify and advice. This type of audit is most commonly intended to result in a certification of the financial statements of an entity. This certification is required by certain investors and lenders, and for all publicly-held businesses. The objectives of an Internal & External audit are to determine: The accuracy and completeness of the client's accounting records: Whether the client's accounting records have been prepared in accordance with the applicable accounting framework; and whether the client's financial statements present fairly its results and financial position. There are other types of Internal & External audits that may be targeted at specific issues concerning a client’s accounting records, such as an examination that searches for the existence of fraud.