Internal audit functions are faced with the need to evolve to meet increased risk monitoring needs and to sustain their compliance obligations.
The internal audit function needs to understand all aspects of the organisation – its business and operating structure. Our industry knowledge, combined with our risk-based internal audit methodology, will enable us to help you assess your control environment and establish your ongoing compliance plan, complement your existing independent audit relationships, execute long-term control testing plans, and enhance the overall quality of your corporate governance. We highlight areas of risk, develop work plans and audit programmes, and improve operational efficiency.
Our services include:
- full outsourcing of internal audit;
- co-sourcing with the existing internal audit function;
- audits of specialised areas in strategy, finance, operations and IT;
- internal audit effectiveness and QA assessments;
- establishment and transformation of internal audit functions;
- process mapping and process reviews; and
- internal controls documentation and testing.
The benefits for your company are:
- increased efficiency, effectiveness and overall functionality of the internal audit function;
- reduced costs of hiring, training and retaining quality personnel;
- assessment of the risks associated with the Sarbanes Oxley Act and other regulations;
- a personal touch with a global reach, ensuring that you get the attention that you should; and
- best practices and value added recommendations for:
- process and control effectiveness and efficiency;
- peer analysis;
- Sarbanes-Oxley controls and corporate governance; and
- cost savings.