An internal auditing flowchart can assist in achieving the goals of an internal auditing exercise. Business managers and stakeholders can use these diagrams to track the flow of actions that drive a business. These internal auditing flowcharts also allow companies to identify opportunities for process improvement and thus improve business outcomes. An internal auditing process begins with the decision to conduct an audit. Business owners, process managers, and other internal stakeholders must agree that such a process will improve the company's performance.