• Internal audit

Internal audit

Our internal audit methodology has an operational and business risk focus. It is designed to aid the efficiency and effectiveness of business operations and to address the traditional financial and compliance areas. It also allows for ad-hoc special reviews to be performed, providing the flexibility to address Audit Committee and management concerns.

 

Risk Assessment

Our team works with you to identify key risks so that they can be addressed by your corporate governance processes, including internal audit activities, where appropriate.

 

Establishing an Internal Audit Function

We work with publicly listed and privately held companies to establish effective internal audit functions. Our experienced professionals can assist you to develop a new internal audit function carefully tailored to suit your business’ needs, including strategic alignment with business objectives.

 

Internal Audit Quality Assurance Reviews

Our professionals can help your organisation evaluate conformance with the International Standards for the Professional Practice of Internal Auditing (Standards) and identify opportunities to improve internal audit performance and services.

 

Co-Sourcing of the Internal Audit Function

BDO professionals can provide as-needed or ongoing support of your resource needs.

 

Internal Audit Transformation

BDO professionals can provide an independent appraisal of your existing function and assist you in shifting to a more proactive, risk-based internal audit approach.

 

BDO Internal Audit Software

Our software facilitates capturing of the entire audit work flow procedures in a format that allows for automatic download into our standard report format. It allows us to easily track and monitor recommendations, to ensure that actions take place as and when agreed.