What is expected from cardholders during an internal audit?

During an internal audit, cardholders are expected to provide full cooperation and furnish all requested documents. This is crucial because the purpose of an internal audit is to ensure compliance with established policies and regulations, assess the effectiveness of controls, and identify areas for improvement. By cooperating fully with auditors and supplying all necessary documentation, cardholders contribute to a thorough and accurate audit process, enabling the organization to maintain accountability and transparency in its financial practices.

Providing only necessary documents or delaying the audit could hinder the process, leading to incomplete assessments and potential compliance issues. Additionally, challenging audit requests may disrupt the audit's integrity, potentially resulting in unresolved discrepancies or misunderstandings. Full cooperation facilitates a smoother audit process and helps ensure that any identified issues can be addressed promptly.