It works to make internal audit functions, enterprise risk management programs, and risk and controls management more efficient and effective.
Hot button issues for business leaders include a range of complex matters, including:
•IA strategic sourcing (right resources, right place, right time)
•Enterprise risk management (structure, risk identification, monitoring, reporting, optimizing)
•Regulatory compliance (including SOX)
•Contract compliance
•Corporate governance
•Global sustainability/climate change
•Continuous auditing/monitoring
•Integrated assurance
The internal audit function and risk and controls management are often at the forefront in dealing with these matters. Their effectiveness and efficiency can have a major influence on corporate performance and business outcomes.
The practice works with internal audit directors and audit committees to develop a quality internal audit function that delivers strategic business assurance, identifies business opportunities and enhances organizational value. Our member firms' services include:
•Evaluating internal audit functions and providing co-sourcing and outsourcing services
•Deploying continuous auditing/monitoring techniques
•Designing, executing and advising on the use of enterprise risk management
•Driving Sarbanes-Oxley and equivalent regulations compliance
•Rationalizing monitoring functions and governance practices
•Enhancing recoveries and compliance with contracts
•Advising on social responsibility and climate change reporting