A key strand to any organisations’ Corporate Governance is an independent, objective Internal Audit service.
Our Approach
Our Internal Audit approach meets IIA and GIAC standards. We start with a blank sheet of paper. We carry out audit that is completely independent, objective assessments of the systems, risks and processes that we find. We get to know the organisation, its Purpose, objectives and the demands placed upon it.
Our Tools
We adopt what we call “Inclusive Audit” approach, we know that seeing systems, processes and people in action gives us the best information about processes and system performance.
Inclusive Audit
- System based approach ensuring a whole system assessment
- Risk based approach to ensure that key risks and key controls are evaluated
- One to one interviews
- Control Risk Self Assessment workshops to engage system owners in control evaluation and improvement
- Stakeholder Idea and Improvement groups
Other Services
In addition to risk based work, we can carry out compliance work and certification. We can also provide consultancy in Change or Development projects to help organisations ensure that they build in appropriate internal controls into their systems, however in line with best practice we do not carry out consultancy on systems that we have audited and vice versa due to any potential conflicts of interest.
Benefits
Thorough independent evaluation of systems and risks, meaningful recommendations and assurance based on the evidence, provide a further means of protecting the organisation reputation.We work with those stakeholders closest to the system so that they will engage in the process and take ownership of the recommendations, ensuring a greater likelihood of implementation.