The importance of the internal audit has massively changed over the last few years. In the past, it was exclusively perceived as being a purely internal evaluation function. In the meantime it has developed its remit into being an internal corporate management unit. It provides independent and objective auditing and consulting services and contributes to improving processes and systems. This allows for improvements in the internal control system and risk management system.
In order to be able to use these synergy effects within their own company, many businesses first all face the challenge of integrating this management unit into their company. Together with our clients we, first of all, formulate the expectations placed on the internal audit. Building on this, we work out the future auditing department’s remits, rights, duties and core processes together. Here, we take the German auditors’ auditing standard ISA PS 321 as the basis. To guarantee the efficacy of the internal audit, we carry out a risk analysis of your organization so that the internal audit’s responsibilities can be defined with a focus on risks.
Naturally, we also support and assist you in the implementation of internal auditing in your company and help you to integrate it into your business processes. We would also be happy to advise you on staffing this department.
Our qualified team will advise you on all of your projects regarding the development of internal auditing and work out a tailored concept together with you that is coordinated to your corporate structures.