Audit and Control refers to the processes used to evaluate and improve an organization's operations, ensuring compliance with laws and regulations. Audits involve examining financial records, operational procedures, and internal controls to identify areas of risk or inefficiency. This helps organizations maintain transparency and accountability. Control mechanisms are systems and procedures put in place to manage risks and ensure that objectives are met. These can include policies, guidelines, and performance metrics that help monitor activities. Together, Audit and Control work to safeguard assets, enhance performance, and promote ethical practices within an organization.