Internal audits are a great opportunity for a company to learn and grom It can evaluate processes and ensure that company is meeting quality standard The goal is to gather information about the effectiveness of the quality system . Internal audits allow to compare the day to day practices of quality management processes against documented policies objectives procedures It ensures that you are doing what to do to manage quality and to satisfy the regulatory requirement Internal audit points the area of improvement and yield cost effective solution Conducting an internal audits causes an extra cost to the company which is considered as burden There are chances that auditors may not reveal errors or frauds that effect the company Also revealing the error in the company can have a big impact to company It can be a reason why company will be decline Proper training preparation and execution of audit can prevent the result from being biased which is also a drawback of internal audits