Both the internal audit and the external audit have the same primary objective (i.e., to verify that the financial records of the company have been prepared according to generally accepted accounting principles).

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The primary objective of an internal audit is to assess the effectiveness of a company's internal controls, risk management, and governance processes, while the primary objective of an external audit is to verify that the financial records of the company have been prepared according to generally accepted accounting principles (GAAP) and to provide an independent opinion on the financial statements.

Both the Internal Audit and the External Audit Have the Same