The business environment today is more complex and uncertain. Organizations are increasingly interconnected and interdependent. Technology is evolving at an accelerating pace. As a result, improved risk management is a strategic priority. We provide independent assurance that an organisation's risk management, governance and internal control processes are operating effectively.
We deal with issues that are fundamentally important to the survival and prosperity of any organisation. Unlike external auditors, they look beyond financial risks and statements to consider wider issues such as the organisation's reputation, growth, its impact on the environment and the way it treats its employees.
The areas of guidance provided specifically for internal audit and consulting services including:
- Audit charter considerations
- Appropriate planning including objectives and scope
- Alignment with corporate goals
- Communication of results
- Documentation retention and access
- Due professional care
- Inclusion in the audit plan
- Impairment of independence
- Identification of risks and controls
- Objectivity and independence
- Proficiency of staff
- Work programs
In sum, we help organisations to succeed. We do this through a combination of assurance and consulting. The assurance part of our work involves telling managers and governors how well the systems and processes designed to keep the organisation on track are working. Then, we offer consulting help to improve those systems and processes where necessary.