Internal Audit Support

Recent events in the public markets only reinforce the fact that the design of effective internal controls alone is not sufficient—management must have a method of ensuring ongoing compliance with critical policies and procedures. Historically within larger entities, the internal audit department has been the primary means of monitoring ongoing compliance. However, control failures or fraud can have a dramatic impact on the performance of smaller companies. Our professionals can help by:

• Conducting risk assessments to identify key control activities;
• Assisting in the design of effective internal audit programs to ensure compliance with these critical control activities;
• Executing internal audits utilizing skilled audit professionals;
• Drafting reports on findings as well as recommendations for improvement to management, as well as boards and audit committees.

We also work with management to vary the focus and extent of testing from period to period to ensure that the internal audit process evolves along with the business.