Trust is one of the most important factors in any investor's or potential partner's decision to enter into a business relationship. How does your business establish its level of trust? For all publicly traded corporations, and many private and government organizations, the generally accepted proof of trustworthiness is a positive audit report. This series, Auditing: A Practical Approach, describes the basics of internal and external auditing and how auditors and organizations work together to ensure an accurate audit outcome. You will become familiar with terminology, techniques, and strategies of auditing. You will also gain an understanding of the various principles of internal and external auditing and the management techniques appropriate to each.