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I'm surmising that you mean traditional audit and system audit and will continue based on this.
A traditional audit generally ensures that you are meeting the standards of some sort of guidelines, whether that be generally accepted accounting principals or an income tax act. Basically, that you have met your responsibilities to report any obligations correctly.
A systems audit is something that ensure that your accounting systems, or computer systems are doing what they are supposed to be doing. Are the purchase orders being initialled by the correct person, or are the edit checks in your cheque generation system picking up where there is no invoice to trigger a payment.
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