Internal Audit Support

“Tailored Solutions, On-Demand Resources, Assured Quality, Round-The-Clock Service.”

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Plan for Future with EA’s Outsourced Internal Audit Support

Ensure across-the-board operational integrity and transparency with Expertise Accelerated’s internal audit support services.

A strong internal audit function is vital to the smooth running of an organization as it monitors efficiency and transparency in the business processes through an evaluation of internal controls. These audits ensure compliance with applicable laws and regulations involving corporate, tax and financial matters.

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.

Leverage Expertise Accelerated’s global talent pool to employ experts who can assist you with streamlining and optimizing your internal audit function for efficient, compliant and transparent operations.

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Internal Audit Support

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Accuracy of Financial Records

  • Planning 
  • Test of Transactions & Controls
  • Analytical Procedures
  • Reporting
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Monitoring of Internal Controls

  • Understanding of Controls
  • Monitoring & Evaluation
  • Deficiencies Identified
  • Change Management

Other

  • Monitoring Regulatory Compliance
  • Corporate Governance
  • Review of Operating Activities
  • Risk Management

Outsource Internal Audit Services

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 achieve organizational objectives using a systematic and disciplined approach to improving risk management, internal controls and corporate governance.

Internal audit services come in the form of internal audit support, such as assisting the internal audit team with substantive testing, performing analytics, documenting findings, etc.

EA’s internal audit solutions are based on the assumption that while outsourced internal audit services are offered to facilitate companies in adding value to operations and improving risk control and governance, quality remains a key issue.

EA’s quality-assured Internal Audit Consulting ensures that outsourcing services for internal audit are provided using a premium quality doctrine under which the engagements are led by US CPG industry experts boasting decades of experience, niche expertise, and a proven track record.

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FREQUENTLY ASKED QUESTIONS

What is the role of internal audit?

Internal audit is conducted to provide an independent assurance regarding the operational effectiveness of an organization’s risk management, governance and internal control processes.

What is internal audit support?

Internal audit support may come in the form of staff augmentation to help the client organization’s finance department prepare for the internal audit and/or implement the findings thereof to streamline risk management, governance and control matters.

How is internal audit done?

An internal audit is designed to carry out testing of an organization’s risk management, governance and internal control procedures and takes a sequential patter of planning, fieldwork, reporting and follow-up.

What services does internal auditors provide?

The internal auditors or the internal audit department of an organization generally provides two broad categories of services: advisory & consulting and assurance. The advisory & consulting services may include a review of incumbent business processes and strategies, evaluation and advice on policies, procedures and processes, etc. The assurance services may include financial audits, compliance audits, information system audits, operational audits, forensic audits, etc.