Internal Audit
Enhance Stakeholder Confidence
Imagine internal audits (IA) not just as a compliance checklist, but as a powerful tool for uncovering deep insights into your financial operations and strategic direction. Whether you’re leading a fast-growing startup or an established enterprise, internal audits bring a strategic perspective to the complexities of your business. These services are known to boost operational efficiency and strengthen governance, turning challenges into exciting opportunities for growth.
By utilizing respected frameworks like COSO, the Yellow Book, and various NIST standards to name a few, tailored internal audits do more than verify compliance. These audits probe beneath the surface to identify areas ripe for improvement, protect assets, and streamline operations. This deep dive into your business’s core functions enables proactive risk management and aids in making informed strategic decisions.
As regulatory environments and market conditions continue to shift, a robust and flexible internal audit function becomes increasingly vital. Embrace a future where internal auditing equips your business with the insights needed to thrive in the face of change, driving sustainable growth and operational excellence.
Get outside assurance on your operational efficiency.
Experience. The Difference.
Fuel Your Progress
With our customized, risk-based services, we work closely with your business to develop a comprehensive IA plan, often including guidance and training for your staff to establish lasting internal control systems. By prioritizing clear, open communication, we keep you informed and engaged at every stage, simplifying the audit process and transforming it into a strategic asset for your business. Ready to see how strategic internal auditing can propel your business forward?
Industry Involvement
Internal Audit Frequently Asked Questions
Internal audits go beyond a compliance checklist and can function as a strategic partner that adds value across the organization. By proactively managing risks, enhancing operational efficiency, providing strategic insights, leveraging technology, and building stakeholder confidence, internal auditors contribute significantly to the organization’s success and sustainability.
We utilize respected frameworks such as COSO Internal Control – Integrated Framework (COSO), COSO Enterprise Risk Management (ERM) Framework, Institute of Internal Auditors (IIA) Global Internal Audit Standards (GAIS) and various National Institute of Standards and Technology (NIST) Information Security and Cybersecurity frameworks. These frameworks enable internal auditors to conduct thorough and effective audits, ensuring organizations’ objectives are achieved while managing risks appropriately.
Internal audits support risk management by providing independent analysis and assurance, identifying and analyzing emerging risks and fostering a risk-aware culture. This strengthens protection against theft and fraud, enhances the reliability of financial reporting, and supports proactive management of risks to maintain resilience in a dynamic business environment.
By identifying and eliminating inefficiencies, enhancing risk management, improving internal controls, driving continuous improvement, internal audits help improve performance and resource utilization. Our tailored auditing solutions align organizational activities with strategic goals, driving sustainable growth and operational excellence.
As regulatory environments and market conditions continue to shift, a robust and flexible internal audit function equips your business with the insights needed to thrive in the face of change. Both co-sourcing and outsourcing models improve the flexibility of the internal audit function by providing scalability, access to specialized expertise, and cost efficiency. Flexible internal audit functions provide significant value, foster continuous improvement, and support organizational resilience and success.
Internal Audit Solutions
How Can We Help?
IA provides a wide range of Internal Audit, risk management and consulting services. We perform the work to meet management’s objectives, which may include organizational and/or regulatory requirements. Our services include:
- Sarbanes Oxley Section 404 (SOX)
- Model Audit Rule (MAR)
- COSO 2013 Internal Control Integrated Framework
- IIA External Quality Assessment
- Information Technology/Security Risk Assessments/Audits
- National Institute of Standards and Technology (NIST)
- Federal Information Security Modernization Act (FISMA)
- Performance Audits (Yellow Book)
- Operational Risk Assessments/Audits
- Chief Internal Audit Executive
- Business Ethics Audits
- Internal Audit Outsourcing/Co-sourcing
