Internal Audit

It works to make internal audit functions, enterprise risk management programs, and risk and controls management more efficient and effective.

Hot button issues for business leaders include a range of complex matters, including:

IA strategic sourcing (right resources, right place, right time)

Enterprise risk management (structure, risk identification, monitoring, reporting, optimizing)

Regulatory compliance (including SOX)

Contract compliance

Corporate governance

Global sustainability/climate change

Continuous auditing/monitoring

Integrated assurance

The internal audit function and risk and controls management are often at the forefront in dealing with these matters. Their effectiveness and efficiency can have a major influence on corporate performance and business outcomes.

How we help

The practice works with internal audit directors and audit committees to develop a quality internal audit function that delivers strategic business assurance, identifies business opportunities and enhances organizational value. Our member firms' services include:

Evaluating internal audit functions and providing co-sourcing and outsourcing services

Deploying continuous auditing/monitoring techniques

Designing, executing and advising on the use of enterprise risk management

Driving Sarbanes-Oxley and equivalent regulations compliance

Rationalizing monitoring functions and governance practices

Enhancing recoveries and compliance with contracts

Advising on social responsibility and climate change reporting