Recently there has been increasing emphasis on the need for corporate governance and accountability for businesses, not for profit organisations and bodies subject to external regulation such as Charities, Credit Unions and Registered Social Landlords. Our internal audit service is designed to give assurance that there are sufficient internal controls in place throughout the organisation's activities to mitigate the risk of loss. Our internal audit Team comprises of individuals with a wide range of experience in internal audit and reporting on Internal Controls. The key aspects of our service are:-
Audit Needs Assessment
Preparation of an audit needs assessment brings a scientific approach ensuring that resources are targeted to those areas of most significance.
Production of an internal audit plan ensuring that key areas are tested on a regular basis and that other less significant areas are subject to internal audit work on a rotational basis.
Carrying out the Internal Audit
This will involve completion of an internal audit work programme offering tests on all areas of the organisation's activities which are relevant to the internal control environment.
Internal Audit Reports
Production of a report covering the work performance findings, and any control recommendations arising.
Our internal audit package offers an integrated solution to the overall responsibility of management of the systems of internal control.
Contact us to discuss how our team can help you.