In co-sourcing arrangements, PwC works directly with your internal audit team to assist in all aspects of audit planning, risk assessment and execution. In this type of partnership, we can take on a variety of roles and responsibilities to give you the assurance you need, especially in complex areas of your internal audit function. You can also benefit from PwC’s global network of professional resources to attain better geographical coverage for your organisation.
In today’s business world, information technology is becoming increasingly complex, and organisations are relying even more heavily on the information produced by IT systems and processes. The challenges of regulatory compliance, protecting against security threats and responding to changing business needs have also put a greater burden on IT. In this context, many internal audit functions have to deal with significant IT-related risk and control issues. You can use our IT co-sourcing model to give your internal audit function access to valuable specialist skills – particularly related to general IT controls, security and data centres – without having to build up these capabilities in-house.