INTERNAL AUDIT SERVICES
“Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.”–from the The Institute of Internal Auditors’ Standards for the Professional Practice of Internal Auditing.
Our professionals are experienced in helping clients develop highly efficient internal audit programs. We also work with the internal audit departments of many of our audit clients to help improve their efforts. Our internal audit services leverage our firm’s expertise with state-of-the-art data extraction software packages. These applications would include stock and inventory control, accounts receivable, accounts payable, sales analysis, salaries and payroll, cash disbursements, sales order control, purchase order management, and much more.
We can also help develop a comprehensive fraud toolkit in which we will apply sophisticated data analysis techniques to uncover potential fraudulent activities (such as ghost employees, kickback schemes, pilfered inventory, etc.). For long-term engagements, we can develop efficiencies in internal audit, such as the use of regular batches that can be customized to meet specific audit needs. Typical services include:
- Initial Risk Assessment Evaluations
- Internal Control Set-up
- Internal Control Reviews
- IT Infrastructure Audits
- Audits of Suppliers / Vendors
- Quality Assurance Reviews
- Training and Consulting
- Special Project Management Services
- Internal Audit Staffing Solutions
- Industry-specific Solutions
Contact us for further information about this service line.