Internal Audit
Internal audit should help management understand whether the organisation’s controls are working in practice. We design risk-based internal audit plans, test key processes and report findings in a way that is clear, prioritised and useful for decision making.
What we cover
✓Annual internal audit planning and risk assessment
✓Process walkthroughs, control testing and compliance checks
✓Procurement, payroll, inventory, revenue and expenditure reviews
✓Policy and SOP gap analysis
✓Follow-up of previous observations and corrective actions
✓Board and audit committee reporting support
How we work
We begin by understanding the assignment objective, timeline, available records and responsible persons. After agreeing the scope, our team prepares an information request, performs the review or advisory work, discusses significant matters and issues a clear report or deliverable.
Typical documentation includes: scope note, information request, working papers, reconciliations, review points, final report and agreed next steps.
Common outcomes
- A clear view of control weaknesses and practical remedies
- Better accountability across departments and functions
- Improved governance reporting for management and board oversight
Ready to discuss this service?
Send the relevant background, deadline and available records. The team will respond with the next information requirement and suggested scope.