Maximizing the value and effectiveness of the internal audit function requires an understanding of the organization’s objectives, risks, risk management priorities, regulatory environment and the diverse needs of critical stakeholders including executive management, the board, audit committees, employees, and shareholders. Ultimately, these needs determine the risk profile of the organization and the strategic focus of the organization, resources and practices required of its internal audit department.
We are able to assist you if :
You’re concerned that your internal audit function can’t keep up with the changing risks facing your business. You find it difficult to recruit and retain internal audit professionals in all of your key skill areas. You need to supplement your in-house internal audit function with specialist skills. Your internal audit function has insufficient resources to cover the geographic scope of your organization. Your organization considers internal audit to be a non-core activity so you want to find an external provider. You need to assess the effectiveness of your risk management, internal audit, and corporate governance procedures.
Our services relevant to internal audit includes, but are not limited to:
Customized internal audit assignments
Internal control systems review
Design and implementation of internal control systems
Review and development of policy manuals / Standard Operating Procedures (SOPs)
Fixed assets management, tagging and valuations Inventory management
Physical verification of fixed assets, inventories and investments Forensic investigations and reviews