Maintaining evidence from internal audits serves to verify that audits were conducted properly and to ensure accountability. It also provides a historical record that can be used for future reference or legal purposes. Documentation supports the findings and actions taken and is essential for demonstrating compliance with regulatory standards.
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Why is accountability important in the context of internal audits?
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What are some regulatory standards that necessitate maintaining evidence from internal audits?
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How can internal audit evidence support a company during legal proceedings?