Internal Audit
Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management and control processes.
Internal auditors review the adequacy of control design to ensure that risks are effectively managed, and then test the operation of key controls to ensure they are operating as intended and therefore are effective in managing the organisation’s risks.
A well-functioning internal audit function assists organisations to perform at their peak, eliminates leakages and improves overall management processes and controls.
Our Services include:
In line with the applicable standards of internal audit, we assist our clients in the following ways:
Internal audit transformation
Establishment of an internal audit function, methodology and framework
Development of internal audit plan
Training
Outsourced and co-sourced internal audit
Specialist reviews (Risk-based reviews; IT, Actuarial, Investment, IFC, etc)
Agreed-upon procedures
Continuous monitoring
Quality assurance reviews and quality assurance and improvement plans