Internal Audit & Risk Assurance
An internal audit is useful when it looks at the areas where the business can lose money and follows each finding until it is fixed. We plan the audit around those risks, test how processes run in practice, and report to the board or audit committee with agreed actions and dates.
When clients call us.
- “The company is required to appoint an internal auditor, or the board wants one.”
- “New plants, branches or entities have been added.”
- “Stock, purchase or sales leakage is suspected.”
What you receive.
- Clear reporting to the board
- Problems found while they are small
- Actions tracked to closure
Internal audit plan
Areas and timing chosen by risk and agreed with the board or audit committee.
Internal audit reports
Findings rated by significance, each with an agreed action, an owner and a date.
Process and stock reviews
Focused reviews of purchase, sales, inventory and payroll.
Follow-up
A status report on every open action until it is closed.