Internal Audit & Risk Assessment

Internal Audit is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations.
Services included are :

Entity wide Risk Assessment.

Development of Internal Audit Risk Based Audit Plan

Internal Audit Outsourcing/ Co-Sourcing

Development of Internal Audit Approach & Methodology

  • Engagement planning.
  • Walkthrough process as is.
  • Analysis and Assessment of department’s processes and activities
  • Risk assessment
  • Engagement Field Work
  • Evaluation of effectiveness and efficiency of existing controls
  • Assessment of staff compliance to policies and procedures
  • Examination and testing of sample transactions
  • Discussion with process owners.
  • Engagement Reporting & Action Plan