Your business issues
Whether your needs are staff augmentation through sourcing/co-sourcing your internal audit function, transforming it for today's environment, conducting audits of your enterprise IT systems, or executing specialist audit projects including SOX effectiveness, we’re there for you. In PwC’s Internal Audit Solutions, you’ll have a business advisor with the industry knowledge, global business acumen, and technology and analytics skills to deliver results that help you achieve your strategic business goals.
Multi-dimensional perspective to help you build trust at every turn
Focused on relevance in today’s globalized, technology-enabled business environment, we tailor our solutions to your business goals and needs, giving you the confidence to continue to drive growth and manage both known and emerging enterprise risks. Increasingly, stakeholders are expecting internal audit to help explain and manage risks around today’s huge investments in cybersecurity, enterprise-wide IT transformation, and other technology initiatives. By aligning internal audit with your business strategy and boosting its capabilities around IT audit, we can help the function meet stakeholder expectations and help the business become more efficient, more profitable, and more agile.
Strategic tools and approaches to keep you winning like no other
Helping our clients address financial, compliance, operational, and emerging risks is the core of PwC’s internal audit methodology. We also work to increase efficiency by streamlining processes, reassessing goals and activities, sharpening the focus on value-adding processes, and leveraging technology. Our global internal audit methodology is designed to facilitate ongoing collaboration with management and other key stakeholders.
We can help you:
Working with the right internal audit services provider can help you manage new risks in an effective way, maintain or reduce your compliance costs, and enable your own internal audit function to provide strategic value across your organization. PwC’s Internal Audit Solutions team is the right partner, because we think about risk in the context of your business. By applying our tools, perspectives, and business lens to internal audit, we can help your organization thrive on change.
The client needed assistance in executing the company’s overall IA plan. Due to the global nature of the company and the various industry issues the company deals with, PwC was contracted primarily to assist management in the company’s Sarbanes-Oxley compliance efforts – specifically around performing tests of controls and updating and creating control matrices and narratives for each of the company’s business units.
What we did:
PwC provided co-sourced IA assistance for client management and the director of IA. The majority of the work focused on controls testing and on providing the company with insights into the effectiveness of its financial-based controls and into compliance with its own policies and procedures. Throughout the year, we also brought expertise from PwC’s Process Assurance practice to offer guidance to the client’s IT director as needed. We also used the PwC global network to support company projects executed in various locations worldwide.
By evaluating and improving its controls, improving risk management, and improving its Sarbanes-Oxley compliance efforts, the client saw improvements in its bottom line, mainly through protection of shareholder value.