Internal Audit and Reviews
Our internal audit service is designed to provide our client’s management with assurance on risk management and the internal control framework of the organization. We plan our work to meet the objectives of the internal audit or review assignment as scoped. At minimum we
Describe and evaluate accounting and internal control systems and identify and communicate control risks, potential consequences and recommendations.
Explain and evaluate sources of evidence, describe the nature, timing and extent of tests on transactions and account balances (including sampling and analytical procedures) and design programs for audit and review assignments.
Evaluate findings, investigate inconsistencies, modify the work program as necessary, review subsequent events, and justify and prepare appropriate reports for the organization’s various stakeholders.
The nature and extent of our internal review assignments include operational structures, systems, policies and procedures, value for money assessment and financial transactions review.