Swot Analysis Of Deloitte And Touche Company

Strengths and Limitations of the Project

Company Selection

Deloitte & Touche company is well-known and it has several branches in the world. Deloitte is one of companies which considered as the leading professional firms which provide audit services etc. However, I focused for only one branch of Deloitte & Touche company and that located in Fujairah. I chose this company because it related to my topic which about internal auditing of financial performance. I want to know more information about the internal auditing function and role in the company.

Questionnaire

The questionnaire helped me to assemble more information about the company. There are many advantages of questionnaire such as it was an effective way to collect data quickly

In my opinion, top management should give an idea how actually internal auditing is important for company financial performance either if they are doing auditing for other companies. In my opinion, top management should do more evaluation for internal auditing of its financial performance to reduce problems in this company. This means that once a time in three months could cause business problems such as fraud and embezzlement in this company. Regular auditing will be more professional and helpful to the company detect financial issues could happen in the future. Some employees are facing troubles because weak internal auditing on financial performance while others until now they didn’t face. In my opinion, auditors should know how actually their work is difficult and could face some obstacles in their careers. At the same time sometimes they will be responsible for their errors if it is actually material and could affect company objectives. Some situations that faced employees are so simple and they can figure out the solution while other not. Sometimes employees focusing on one area while it needs to focus on all areas to prevent some issues. In my opinion, auditors should evaluate and examine the financial reports are like exam or a challenge to overcome to reach to the goal. It is important for the auditors when it comes to auditing the evidence is not lost because it is proof that everything goes right. So losing evidence is really a huge problem to employees and the management. Thus, to prevent this problem, it is needed more security and lockers. To reduce employee errors the management should provide more training courses and planning sessions for employees. At the same time, employees should more aware of their mistakes immediately if they notice something goes wrong. It is very important for the auditors to