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Proven | Prudent | Contextual
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Proven | Prudent | Contextual

Internal Audit & Assurance

With our cutting edge and non-traditional approach to Internal Audit and Controls Optimisation, we can effectively answer your question, “Can you tell me something I don’t know?” An internal audit is not just compliance: it is critical to good governance and business performance.
internal-audit

Overview

We take a non-traditional and contemporary approach to internal audit. Taking a sample-sized approach is a thing of the past. Instead, we take advantage of data and digital capabilities to smartly audit, uncover trends and patterns previously humanly impossible to achieve.
Our Internal Audit services will give you the confidence to manage key risks, informs good decision making and improves organisational performance. We undertake all types of Internal Audits which are tailored to the risks, challenges, opportunities, and complexity specific to your industry sector.
With powerful data and technology in hand, we can understand a greater array of business risks and provide assurance that those risks are managed and mastered.
Our Internal audit services are unique as it has evolved, and it embodies the latest trends in auditing methodology and client expectations. Some strategic and operational features of our services are:
  • Through data and behavioural science, identifying underlying behavioural patterns and root causes and uncovering the blind spots.
  • Changing execution from a traditional sample and controls focus, to higher precision audits that leverage technology such as neural networks and AI to test 100% of the populations.
  • Moving away from point-in-time assessments and toward continuous risk sensing using external and internal data for risk identification and monitoring.
  • Building a more flexible operating model with intentional and continuous collaboration across risk functions and leverage across the three lines of defence.
  • Shifting from a one-size-fits-all audit plan approach to expanding the audit spectrum – diversifying the nature of audit activities, including issues-based reviews, audit insight workshops and more.

Internal Audit Outsourcing/Cosourcing

We help you execute against your Internal Audit (IA) mandate and provide value to your business partners from a risk and controls perspective. With an approach based on the organization’s objectives and strategy, we can help the IA function achieve its vision and implement sustainable changes in how the IA function operates and interacts with the business. We also perform special IA reviews, including investigations and audit committee and executive management requests.

Controls Assurance

We perform testing and provide assurance over internal control over financial reporting (ICFR) on behalf of management against relevant regulatory standards, including Sarbanes-Oxley Section 404 (SOX 404), Japan’s Financial Instruments and Exchange Law (known as J-SOX), and others. We help you streamline and improve your internal control environment and leverage technology to save effort while obtaining optimal risk coverage.

Internal Audit Transformation

Our Internal Audit (IA) transformation services is a series of initiatives, supported by technology, that help your IA function adapt to the changes occurring in its organization and environment. A transformed Internal Audit strategy will allow you to evolve and to meet the needs of the business — both today and tomorrow. We will help you bridge the gap between focusing on the risks you are facing today and developing the processes you need to address future-state risks while engaging your people to collaborate on change.

Internal Audit Health Check

Our Internal Audit (IA) health check leverages technology to incorporate benchmarking, collaborative surveys, and functional performance considerations to assess your IA function objectively, help you understand your purpose and create a vision for the future. It includes recommendations on how IA can better define its mandate, achieve its objectives, improve its efficiency, and provide results in alignment with stakeholder expectations. As part of this assessment, we also help determine the IA function’s conformance with Institute of Internal Audit (IIA) Standards.

Australia

Level 10, 412 St Kilda Road
Melbourne
VIC 3004
Australia

India

Ahmedabad

Stellar
A-502,
Sindhu Bhavan Road,
Bodakdev,
Ahmedabad 380054
Gujarat, India

Mumbai

Parinee Cresenzo
C-30, G Block,
Bandra Kurla Complex (BKC)
Bandra East
Mumbai 400051
Maharastra, India

New Zealand

17B Farnham Street,
Parnell,
Auckland 1052
New Zealand

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