Internal Audit Services – Beyond assurance
Internal Audit is more than an enterprise-wide engine of assurance, as critical as that is. Done right, it’s also a catalyst for creating value for your business.
A strong, strategic Internal Audit framework integrates compliance, controls and sophisticated risk management with your mission, vision, and stakeholder expectations. It can help you shape a new governance and risk paradigm — anticipating issues, increasing your effectiveness, eliminating duplication, and identifying areas of potential performance improvement.
We offer flexible, scalable, sophisticated solutions to address your unique needs: whether the business has grown rapidly and needs better governance; or a regulated company wishing to convert its internal audit function from an inspection team to a business process enhancement tool; or there is an immediate need for skilled resources to deal with an urgent or specialised matter.
Do you need internal audit resources?
We offer an array of flexible outsourcing and co-sourcing solutions, from selected co-sourcing of technical, industry-specific capabilities to full outsourcing of your internal audit function:
Do you want to improve the effectiveness of your internal audit function?
- Full outsourcing: We act as your own internal audit department by providing an internal audit team that fully caters for your internal audit needs.
- Partial/co-sourcing: This is similar to full outsourcing, with the difference that we work alongside your internal audit team, providing specialist resources or ad-hoc input when needed. Specialists resources would typically include IT specialists, industry experts and forensic investigators. Our service offering in this regard includes the performance of risk assessments, controls health checks and investigations.
- Advisory sourcing: We also provide consultancy to already existing internal audit departments, or otherwise towards the setting up of a new internal audit department. Such consultancy work includes assistance in the work methods to be adopted and may also include a review of the effectiveness of an existing internal audit function.
We have a range of internal audit performance improvement services, including technology, risk assessments, training, process and organisational reengineering, revenue assurance, benchmarking and quality assurance reviews.