Internal Audit

Successful organizations recognize that an effective internal audit service can make a very positive contribution to the management of risk and the smooth operation of the business.

A typical organization loses 5% of its revenues to fraud each year “ according to a recent study by the Association of Certified Fraud Examiners and the median time it takes to detect fraud is 18 months.

Smaller organizations suffer the largest median losses due to the fact that these organizations typically employ fewer anti-fraud controls than larger organizations, which increases vulnerability to fraud.

What can we do?

Organizations of all sizes can benefit from an outsourced internal audit function to assess and manage risk. We can work with your organization to understand your business strategy and its associated drivers, and how that strategy is delivered through an appropriate operational business plan and process framework. Our approach is to not only identify, document and test procedures and controls based on risk but to recommend and implement effective internal controls and business solutions. If deficiencies are detected, we can work with management to remediate these deficiencies.