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.
limited audit. Audit having a narrower scope than a full audit (see audit scope). Limited audit is usually (1) confined to certain accounts or operations, (2) is for a period less than one year, or (3) restricted to a specific purpose, such as a tax audit.