Modernizing an Internal Audit Operation
Any reorganization of an internal audit department that is intended to improve quality will have three main elements as its basis: potential, process results and the existence of a Professional Practices Framework.
The demands placed on audit departments are increasing. Simply focusing on the scrutiny of factual information related to past events is no longer sufficient. The function of internal audit now includes providing assistance to the management in achieving its targets. However, this is something that many internal audit operations are not yet doing.
We can assist in the reorganization of your internal audit department by checking each individual component and making the changes necessary to modernize and improve the quality of the entire operation. When doing so, we pay particular attention to those elements that are involved in providing strategic assistance to the management. The end result of this modern approach is your complete confidence in the internal audit department as a source of relevant and useful information to help you when making important corporate decisions.