Internal auditing is designed to add value to an organization’s operations. Additionally, it helps organizations successfully accomplish objectives by improving the effectiveness of risk management, control, and governance processes. Internal auditing can provide ample aid to a company to maintain their success in the competitive field they serve.
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 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 potentially fraudulent activities (such as ghost employees, kickback schemes, pilfered inventory, etc.). For long-term engagements, we can also 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