Improving value and performance
In the post Sarbanes-Oxley and Bill 198 world, evolving compliance and governance challenges are forcing organizations to ensure that their internal audit functions are operating effectively and efficiently. Audit committees must make certain that risk management, internal controls and governance processes are accomplishing business objectives and meeting stakeholder expectations.
If you’re going to maximize the value and effectiveness of your internal audit function, you need a comprehensive understanding of the specific objectives, risks, and priorities relevant to your organization. If you answer ‘yes’ to any of the following statements, you probably need help addressing your internal audit function’s specific challenges:
- You’re concerned that your internal audit function can’t keep up with the changing risks facing your business
- You need to assess the effectiveness of your risk management, internal audit and corporate governance processes
- You need to supplement your in-house internal audit function with specialists that have specific skills
- Your internal audit function lacks the resources to adequately cover the geographical scope of your organization
- Internal audit is a non-core activity for your organization, and you need an external provider
PwC can help
We work collaboratively with our clients to provide customized internal audit services ranging from full outsourcing to co-sourcing and project-by-project assistance. We offer enterprise-wide risk management systems and services that can improve your business operations by enhancing revenues, reducing costs and managing changes to your business processes. Our Advisory Services can establish an internal audit function within your organization, or perform a rigorous IIA-mandated Quality Assessment Review on an existing function.
We leverage valuable proprietary tools such as Global Best Practices and Profiler™ to provide you with complete business solutions that are in step with today’s marketplace. The result is an internal audit function that delivers more strategic value at a lower cost of operation.
Contact a professional in your area to discuss your unique business concerns.
