FREQUENTLY ASKED QUESTIONS
Internal audit is the process of adding value to an entity’s operations through an independent, objective assurance and consulting activity designed to assist the management in achieving organizational objectives.
While resourceful companies have vibrant and effective in-house internal audit departments, not all companies have the financial and human resources and expertise to establish one, rendering them susceptible to fraud, non-compliance, and sub-optimality.
However, today, such companies can also have an optimized internal audit function through remote internal audit support services.
EA’s internal audit support services include staff augmentation to help the client organization’s finance department prepare for the internal audit and/or implement its findings to streamline risk management, governance, and control matters.
Internal audit services are end-to-end, independent assurance and consulting engagements where an external provider plans, executes, and leads the internal audit function.
The external provider takes the responsibility for evaluating risk management, internal controls, and governance and reporting conclusions to management.
Internal audit support, on the other hand, supplements an existing internal audit function by providing skilled resources for specific activities such as audit planning assistance, substantive testing, analytics, documentation, and reporting.
The overall ownership, judgment, and accountability remain with the client’s internal audit team or leadership.
Our internal audit support services cover:
- The planning and execution of internal audit
- Risk assessment evaluation and control
- Compliance and governance review
- Professional standards
- Scalable, on-demand expertise support
- Actionable recommendations to strengthen controls.


















