Internal Audits are systematic evaluations conducted within an organization to assess its operations, compliance, and risk management processes. These audits help ensure that the organization adheres to laws, regulations, and internal policies, ultimately improving efficiency and effectiveness. The primary goal of Internal Audits is to identify areas for improvement and provide recommendations. They are typically performed by an internal team or department, which allows for a more in-depth understanding of the organization's practices and challenges. Regular audits can help organizations maintain accountability and enhance overall performance.