How often should a company be audited?

The frequency of audits for a company typically depends on its size, industry, and regulatory requirements. Publicly traded companies are generally required to undergo annual audits, while private companies may choose audits every few years or based on specific needs, such as securing financing or preparing for a sale. Additionally, companies in regulated industries might face more frequent audits to ensure compliance. Ultimately, the decision should align with the company's risk management strategy and stakeholder expectations.