Internal Audit Optimisation

Many organisations are feeling the increased weight of responsibility for assessing and managing enterprise risks. Evolving compliance and governance challenges are forcing organisations to ensure that their internal audit functions are operating effectively and efficiently. Internal auditors must make certain that risk management, internal controls and governance processes are accomplishing business objectives and meeting stakeholder expectations. If you're going to improve the value and effectiveness of your internal audit function, you need a comprehensive understanding of the specific objectives, risks, and priorities relevant to your organisation.

Issues you may be facing

  • Your internal audit function follows outdated routines and practices.
  • Your internal audit function is slow to respond to changes in your business.
  • The current structure of your internal audit function is not appropriate to meet your requirements.
  • Your internal audit function is under capacity.
  • You have a weak internal control environment.
  • Little or no reliance is placed on internal audit findings and initiatives.
  • You internal audit function is not seen as independent and objective.
  • There is a low use of technology within internal audit.
  • Your internal audit function needs to be benchmarked.

 

 

How we can help you

  • We work collaboratively with you to provide internal audit services ranging from full outsourcing to co-sourcing and project-by-project assistance. We offer enterprise-wide risk management systems and services that provide assurance in improving your business operations.
  • We work with your audit committees and business managers to review your internal audit function against IIA standards, rules and recommendations, and most importantly, we use our experienced internal audit staff to help you develop a world-class approach to internal audit, involving techniques and tools that meet the needs of your organisation.

 

Contact us

Shirley Machaba
Government & Public Sevices Leader
Tel: +27 (0)12 429 0037
Email

Contact us

Mark O'Flaherty
Partner
Tel: +27 (0)11 797 5885
Email

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