Internal audit
An internal audit is an excellent control and advisory tool. We will evaluate risk management and organizational governance processes in a structured way that will contribute to improving the performance of the entire organization.
An internal audit is a tool that:
- helps the organization achieve both short-term and strategic goals;
- provides assurance about the effectiveness of processes within the organization;
- influences the improvement of operational activities of the organization;
- ensures the improvement of internal control functioning in the Company;
- provides a basis for the provision of consultancy services to the Authorities of the organization.
An audit may refer to an entire system, a specific process, project or product.
The basis for assessment during an audit is the degree of compliance of audited aspects with established standards, legal regulations, norms, internal rules (policies, procedures) or other rules related to the subject of the audit.
How can we help
Audit of an organization's operations
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Audit of an organization's operations
- Operational audits of all or part of the organization’s operations;
- Analysis of the company’s processes / sub-processes, including the creation of a process map and verification of the effectiveness of internal controls and their reflection in the organization’s procedures;
- Comprehensive audits, the opening audits showing the situation of the organization as at a selected date, including: the financial area, legal area, tax area, operational area;
- Specialized audits i.e. operational, financial, legal, tax, quality audits.
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Consultancy in the process of building an internal audit
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Consultancy in the process of building an internal audit
- Determination of internal audit objectives in the organization from the perspective of the specificity of its activity on the basis of initial diagnosis;
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Supporting the internal audit department
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Supporting the internal audit department
- Determination of annual and strategic internal audit objectives;
- Preparation of annual audit plans;
- Preparation of long-term plans in the area of the internal audit;
- Conducting or coordinating internal audits;
- Preparation of post-audit reports;
- Monitoring the implementation of recommendations;
- Preparation of annual summaries of audit activities for the Management Board / Audit Committee.
- Developing a proposal for the structure of the internal audit function (size, team member profiles, outsourcing/partial outsourcing including the outsourcing of specialized areas of an internal audit) and determining its location in the organization’s structure and defining its tasks
- Preparation of procedures for the internal audit function;
- Preparation of document templates to be used in the functioning of the unit;
- Support, if required (depending on the experience of the internal audit team members) in performing the first audit tasks and summaries of individual tasks and the annual plan.
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