Having an in depth understanding of your business needs and goals is fundamental in the process we work through with you. We provide useful advice on your processes, risks and controls with a unique, integrated approach that can help you manage your business and achieve your financial and governance goals.
For many organisations, an internal audit is their first line of defence – a way to test their systems, processes and controls, and ultimately, to drive risk from the business.
Management teams face rapid change, mainly from new technology and increased regulation. This brings new risks, and in order to maintain optimum internal control, a regular audit of your internal business functions is essential.
An internal audit will:
The role of internal auditors has undergone a pragmatic change over the last few years, with increasing emphasis being given to a risk based approach to internal audit, in order to provide requisite assurance to management and other stakeholders on the timely mitigation and effective management of risks that can impact the attainment of business objectives.
Our Firm bases its internal audit approach on the aforesaid and an in-depth understanding of our clients’ businesses, strategies, processes and internal control systems. We consider these to be the key means by which we can undertake an effective analysis of the components of the internal controls and consequent risks, to deliver business value to our clients.
In particular, while undertaking the internal audits, we will focus on: