Internal audit
As companies comply with the reporting requirements of the Sarbanes-Oxley Act, internal auditors are coming to grips with their role and involvement in these initiatives. This includes both short - term issues during the implementation phase, as well as longer-term issues on the role and responsibilities of internal audit in the process.
Maximising the value and effectiveness of the internal audit function requires an understanding of an organisation's objectives, risks, risk management priorities, regulatory environment, and the diverse needs of critical stakeholders including executive management, the board, employees and shareholders. Ultimately, these needs determine the risk profile of the organisation and the strategic focus, organisation, resources and practices required of its internal audit department.
We can assist organisations that need help improving the quality and effectiveness of their internal audit processes.
