Benefits of Having an Internal Audit

These are many reasons why you should have an internal audit. Some relate to the process of reviewing and documenting your systems, policies, records and procedures. For example, establishing whether you have systematic weaknesses in your systems that could allow for fraud or omission. Some relate to what you want to achieve from your business. By undertaking an internal audit, we could identify areas of technology that may help your business become streamlined or more profitable; we could also provide assurance for potential buyers should you look to sell the business at a later date.

The Process

The process is straight forward. First you contact us, we meet-up and we become engaged for the internal audit. We then arrange a date to start the actual internal audit. We visit your premises and perform the internal audit. During the internal audit we use tests and analytical procedures in an attempt to satisfy our objectives. Once we have enough tests complete and evidence to come to a conclusion, we produce an internal audit report.

Assurance Reports

We can offer you assurance reports, which can be specific to your requirements. We report to the management of your organisation.