CEOs, CFOs and business owners are increasingly relying on its internal audit department to identify company risks, act as a mini-consulting department, improve processes and work with external auditors in support of the annual financial statement audit. This can be a daunting task both with established internal audit departments and companies starting to build out their internal audit staff.
We offer services that include full internal audits, including risk-based planning and scope limitation, conducting fieldwork and presenting findings during the reporting phase. We offer project-based internal audit work for companies under massive expansion, companies suffering from headcount shortage in the audit department, or simply looking for a one-off process-type audit. Additionally, we offer consulting around the creation of the internal audit department and in developing a risk-based methodology for implementation across the department.
We assist in the following internal audit types:
- SOC I
- SOC II
- Compliance audits
- Financial audits
- Operational audits
- Performance audits
- And in assistance with external auditors
We follow the COSO framework in developing internal audit methodology and in the conduct of actual internal audits.