The role of Internal Audit (IA) continues to evolve, driven by many factors including economic conditions, globalization, and new and emerging risks. These scenarios are creating a dynamic environment and new opportunities for internal audit to demonstrate its value. Internal audit has to drive value creation.
Our PwC internal audit professionals bring the right mix of internal audit experience, industry-specific knowledge and highly technical specialized skill sets into your internal audit function. We can help you to improve the performance of your internal audit function so that it provides sufficient comfort to the Audit Committee and ensure that the internal audit team are tackling the right risks, as well as improving and aligning your governance, risk and control frameworks. We can provide independent advice to your Board, the Audit Committee, management and regulators on your organizational risks and the state of your controls, and work with you to implement any improvements that are needed.
Providing direct IA services leveraging PwC’s technical internal audit skills, subject matter and industry knowledge, and on- and off-shore sourcing.
Our solutions range from complementing your in-house internal audit function with our industry specific capabilities or wide geographical coverage to full outsourcing of your internal audit function.
Improve the capability, capacity, flexibility and effectiveness of company internal audit functions
Improving productivity and effectiveness of internal audit.
Consulting as IA practitioners to add value and enhance existing internal audit processes.
Prevention, detection and investigation of fraud including development of a fraud risk assessment.
Working with internal audit functions to perform risk assessments and redesign their audit plans and approach so that these are aligned with the business strategy and the areas driving shareholder value.
Advising on internal audit strategy and transformation to reduce cost, improve performance, increase accountability and develop metrics.
Providing an independent quality review of existing internal audit functions and their strategies.
Providing our people to be managed by you.
Analyse, advise and assist in implementing Corporate governance system at entity level and activity level.
How to set up, enhance and standardise the internal audit function? This is the key question for listed companies before Decree 05 takes effect.
How can the audit committee help maximize the value of internal audit?