INTERNAL AUDIT SERVICES

In the event of failure in adapting to the changing regulatory compliance or to deal constructively with industry changes and geographical environment, it could lead to non-compliance towards corporate governance. The Internal Audit function enables compliance and boosts efficiency while strengthening its influence on control and achieving the desired impact.
Through our innovative advanced analytical methods and owing to our vast industry experience we would not only help your business achieve assurance, but also provide you advice on critical business issues and anticipated risks. Many organizations would need to upgrade and augment internal audit capabilities to structure their corporate governance. It is where we have specialization.
HOW CAN WE HELP

•   Develop an effective control environment to establish an assurance framework
•   Develop business performance and appraisal models
•   Automate internal audit function
•   Co-sourcing and strategic sourcing internal audit function
•   We will structure your control universe with priorities matters to you and issues of your business concern in today’s competitive world. Our resources have diversified experience in performing project specific audits and addressing growing need of boards through adaptive ways and automation.

OUR OFFERINGS IN INTERNAL AUDITS

The accelerating pace of change for companies resulting from technology innovation, industry regulations, emerging competition, or shifts in markets often creates or widens gaps between what the internal audit (IA) function delivers and what its stakeholders expect.
We help SME and start-ups with the following solutions:

•   Internal audit diagnosis
•   Internal audit transformation
•   Co-sourcing internal audit function
•   Strategic resourcing

INTERNAL AUDIT DIAGNOSIS

We helps organizations by:

•   Identifying, review, and address management expectations
•   Assess inhouse performed diagnostic review and internal audit activity
•   Development of audit universe and audit plan
•   Benchmarking against market practices

INTERNAL AUDIT TRANSFORMATION

We work with organizations to:

•   Align audit plan in line with strategic priorities of the organization
•   Design an overall audit plan based on business challenges (e.g. Decrease in sales or increase in cost or business status-quo)
•   Develop control matrix and monitoring mechanism for sensitive business functions and tasks
•   Provide recommendation practical to implement and easy to adapt

CO-SOURCING INTERNAL AUDIT FUNCTION

Businesses have been exposed to greater control risks due to increasing complexities where by co-sourcing Internal Audit function bring a fresh perspective to the Internal Audit function besides economizing the operations.< br/> Co-sourcing brings out an outsider view to your organization which help you determine the hidden obvious. It helps reaffirm and revalidate critical thinking by challenging established practices, business assumptions and routine audit plans to develop critical business thinking across new business dimensions in order to eliminate risks and meet compliance requirements.
Our team is extremely professional and highly tech savvy and they will help you analyze the underlying operational challenges along with business risk & new risk trends by using a pragmatic approach to secure and safeguard your business by either suggesting you a full fledge outsourced or co-sourced Internal Audit function. Our key strengths are as follows:

•   Data analytics to support findings and determining the solutions to embedded practical challenges
•   Strategic business advice on time that “make sense”
•   Practical process recommendation to enhance assurance without creating process bottlenecks
•   Rigorous and continuous follow up on the implementation of recommendations

STRATEGIC RESOURCING

Often businesses need extra resources to address ad-hoc business needs arising out of special audit, investigation, review, analytics or to undertake Internal Audit work under the directives of internal audit function.
We offer short term and project-based engagement resources as per your requirements.