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16 Dec
Business process re-engineering and improvement
Business process re-engineering and improvement

Business Process Reengineering (BPR) is a business management strategy to recreate a core business process to improve output, quality and to reduce costs.

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The audit is the review of the accounts or documents, while the assurance is the process analysis of those accounts or records. Once analyzed, the organization can make changes as needed and be "assured" they have accurate financials and processes in place.

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