Audit provides a proactive opportunity for organisation improvement and acts as a major risk mitigating tool. It provides a holistic view of the organization health and helps to proactively identify potential issues & take corrective actions, improve the overall effectiveness of the organization, ensure that the required work processes are in place and are effective, avoid lawsuits by ensuring that the organization meets all legal/regulatory needs. It further helps organizations reduce rework and rejections, which in turn reduces costs and, in fact, leads to better customer confidence, improved market reputation and increased business performance