Companies exist in an evolving environment of governance and assurance. An optimal framework of internal control helps protect company assets, assures operational and financial data integrity, and creates the conditions to pre-empt and be more responsive to changing business needs.
Operational and financial corporate impropriety has resulted in greater scrutiny of organisations and their leadership structure, and they’re now compelled to manage/mitigate inherent risk by balancing operational, financial and governance processes typically supported by an underlying IT infrastructure.
Maintaining and developing commercial health and share/stakeholder value is at the top of any CEO’s agenda. Efficiently collating and evaluating evidence of an organisation’s information systems, practices, and operations is key to safeguarding assets, maintaining data integrity, and ensuring efficient operations support the corporate objectives.
Enablers to success
- Establishing a robust audit framework with the relevant internal controls to drive consistent and transparent operations and evidence material concerns.
- Having in depth knowledge of the business’ internal and operational controls and assuring the outputs these generate satisfy audit requirements.
- Automated IT/systems to deliver quantitative management information.
- Following a time/cost-efficient approach to assess risk and determine the best response.
We will help you
- Define the audit objective/requirement and set the scope.
- Conduct due diligence and perform pre-audit planning.
- Gain an understanding of existing internal controls.
- Evaluate and test existing controls or establish the required framework.
- Simplify processes and clarify controls to lower business risk.
- Report on audit findings and remediate deficiencies.
- Quality assure and audit operational delivery (i.e. people, process, technology and organisation).