Common Mistakes Companies Make in Audits and How to Avoid Them
Audits are a critical part of business operations, offering transparency and ensuring financial health. Moreover, external audits are required for compliance with Cyprus local laws which states that all Cyprus based companies should be subject to a statutory audit by an independent auditor. However, many companies face challenges during the audit process, often leading to errors that can be costly in terms of time, resources, and compliance. In this article, we’ll explore the [...]