Vol. 10, Issue 6, Part C (2024)

Many objectives guided the investigation into how external auditing affected Hindustan Unilever Limited\\\'s (HUL) financial performance. These included assessing the effect of internal control systems on organizational performance, assessing the adherence to professional ethics and skills by external auditors, and figuring out how verifying accounting data affected organizational performance. But when the Goodness of Fit was compared to the significance threshold (0.05), 0.9 exceeded 0.05, indicating that the disturbance terms were not regularly distributed, and the null hypothesis was rejected.

The results of the study demonstrate how significantly responsibility is increased at HUL by the efficiency of verifying accounting data. It keeps account arithmetic precision, guarantees accurate asset value, encourages appropriate recording and valuation procedures, helps to prevent account manipulation, and facilitates the identification of fraudulent activity and transaction issues. Moreover, it presents an accurate and sincere picture of HUL\\\'s financial circumstances. The analysis finds that HUL\\\'s internal auditing program is inadequate and ineffective in raising organizational performance and accountability. As a result, there is a clear need for a stronger and more effective auditing approach, such as external or statutory auditing, to help Hindustan Unilever Limited improve its accountability mechanisms, service delivery quality, and economic efficiency, thereby improving the company\\\'s overall performance.