Given the pace of change in today's business climate, including increasing regulatory focus on good governance and management control, mergers and acquisitions, globalisation, new technologies, systems implementations and cost pressures, today’s organisations face a considerable challenge in developing and maintaining a high performance internal audit function to assist in effective business risk management.
Driven by the need for more effective business risk management, clients turn to our Internal Audit Services (IAS) professionals for help in improving or outsourcing their IA functions.
Our IAS practice provides a broad range of solutions to companies seeking to strengthen their internal control, risk monitoring and strategic risk management capabilities. These solutions range from:
- Internal audit outsourcing services
- Internal audit risk assessments and strategic planning
- Controls Assurance reviews
- Quality assurance reviews
- Corporate governance reviews
- Training
- Assistance in setting up internal audit departments
- Financial Investigations
- Information technology (IT) systems auditing
Our primary focus is to provide tailored and practical solutions to our customers by utilising highly experienced professionals, state of the art technology tools, proven worldwide methodologies, integrated multi-disciplinary teams, best practice information developed by PricewaterhouseCoopers International Limited member firms.
We currently provide internal audit services to a variety of business organisations in the petroleum and petrochemical, financial services, manufacturing, education, retail and distribution sectors.
Organisations look to PricewaterhouseCoopers because no other professional services firm can match our ability to deliver internal audit services due to the following:
OUR VALUE DRIVEN APPROACH
We achieve added value through obtaining an understanding of your organisation, your objectives, risks, risk management priorities, the regulatory environment and the diverse needs of Management, the Board of Directors, employees and shareholders.
Ultimately, these needs determine the risk profile of your organisation and the strategic focus, organisation, resources and practices of an effective internal audit department.
DIVERSITY OF SKILLS
We have developed a team of professionals dedicated to providing internal audit services. We offer a range of skills that few internal audit organisations can maintain, for example, information technology, corporate governance, forensic accounting and other business skills. Depending upon the nature of the engagement, the engagement teams can include experienced and highly skilled professionals from other practice groups, both locally and from our worldwide offices.
FLEXIBLE SOLUTIONS
Our capabilities and skills are combined to deliver a unique internal audit solution to help you address the risks and opportunities of your business. Depending on your needs, our role can range from assessing your current internal audit organisation, structure and process to the full design, implementation and ongoing operation of an internal audit function. We structure our services to meet the needs of all stakeholders as we improve the internal audit function. Often our services go far beyond the "traditional" concept of internal auditing – internal controls compliance.
The capabilities and skills of our professionals, as well as our experience, are detailed in our Capability Statement.
