The purpose of an operational audit is to improve the efficiency of day-to-day operations, reports Accounting Tools. These activities contribute indirectly to the functioning of the business.

Companies, government agencies and nonprofit organizations use auditing practices to manage compliance with internal controls. For example, an auditor looks for inconsistencies in financial records.

Southwest Airlines Co. has announced a significant achievement in its dedication to safety and its transformative journey with the successful completion of the IATA Operational Safety Audit (IOSA).

Manama, May 27 (BNA): Gulf Air, the Kingdomof Bahrain’s national carrier, has successfully completed the internationally recognised, biennial International Air Transport Association (IATA) Operational ...

Saudi Arabian Airlines (Saudia) has renewed the IATA Operational Safety Audit (IOSA) certification. Saudia renews IATA Operational Safety Audit Certification. Image: Saudia Created by the ...