AN audit is important in any organisation as it helps in detecting the effectiveness and efficiency of operations. It is through audits that fraud is unearthed as audits look at internal control systems as well as finances of an organisation.It must be borne in mind that an audit is never a witch-hunt but helps in locating and correcting errors.
To this end, we applaud the Mines and Mining Development minister Walter Chidhakwa for ordering an audit in diamond firms to ascertain whether or not the firms were complying with good corporate governance.
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