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Answer: a. A Detailed Overview Have a complete picture of how your business is working and where your company is most stable after auditing your company financial statements. Reducing the time spent on those stable areas and focusing on the weaker part of your company. Consequently, improve the business performance as a whole. b. Additional Perspective To Ensure Compliance With Laws And Regulations Ensuring your financial statements have full compliance with laws and regulations. Your auditors will also offer helpful suggestions, if there are any serious flaws in your systems. Conducting the audit early on, it could mean the difference between your company flourishing and struggling in the near future. c. Improve Your Credit Rating and Trustworthiness Possibilities for getting approval of loans will be increased if bankers have definite proof you have the resources to repay the loan. As investors’ perspectives, increased confidence in your financial statements will ensure their continued support in your company. d. More Reliable Provide reliability in your financial statements and assurance that everything in your business is going as planned and assist the tax official to be able to rely on your audited financial statements to reach their conclusions about your company taxation or any other matters from their area of interest. e. Be Certain Where Your Company Will Be In The Future With more information about your company on areas that need improvement and be certain on the areas that are in a smooth business process. Demand a closer look that requires more control to be placed in the current control system with additional care before those seemingly minor mistakes hurt the company. f. Promote Accountability And Improvement From The Bottomline Promoting accountability for the managers and employees in your company. Thus, your employees will focus more on dependable accounting and management. They will be able to improve themselves by correcting any flaws in their own work, so they can make their work even more reliable in the future.