Internal Audit
Maximize the Value and Effectiveness of the Internal Audit Function
To maximize the value and effectiveness of the internal audit function, it’s essential to grasp an organization’s objectives, risks, regulatory environment, and the diverse needs of critical stakeholders, including executive management, the board, audit committees, employees, and shareholders. These factors collectively shape the risk profile and strategic focus of the organization, determining the resources and practices required of its internal audit department.
We offer assistance in the following scenarios:
- When you’re concerned that your internal audit function may struggle to adapt to evolving risks.
- When recruiting and retaining internal audit professionals with essential skill sets becomes challenging.
- When you need specialized skills to complement your in-house internal audit team.
- When your internal audit function lacks resources to cover the geographic scope of your organization adequately.
- When your organization views internal audit as a non-core activity and seeks an external provider.
- When there’s a need to evaluate the effectiveness of your risk management, internal audit, and corporate governance procedures.