Internal Audit & Risk Assurance

Can you demonstrate your business has the right controls and safeguards in place in case something goes wrong?

It’s becoming an important aspect of doing business in both the public and private sector, and we find more and more businesses investing in internal audits.

Whether you are looking to outsource your internal audit function completely or need to build on the skills of your current internal auditors, our specialist team can help. We start by assessing your audit needs, taking into account the nature, size and complexity of your business. From there, we tailor our services and develop a strategy to suit your needs. We won’t abandon you once it’s up and running; we will continually assess, monitor and benchmark against other best practice approaches and suggest ongoing improvements.

Our internal audit services are extended around the world through our membership of the Baker Tilly International network.

A strong risk and governance approach is critical in a changing economic climate

It’s not just sound business practice: businesses that can demonstrate appropriate and efficient internal controls are a more attractive investment proposition, can obtain cheaper bank funding and are less likely to fail.

To remain competitive, businesses must evolve and take on new processes and systems which could open them up to more commercial and regulatory risk. Identifying these risks in your business model could mean the difference between success and failure in the long term.

Our risk specialists can help advise and guide you through this essential service:

• We review and suggest improvements to your internal controls.
• We identify weaknesses in your current business processes.
• We examine and assess the effectiveness of your current corporate governance procedures.
• We identify improvements to your risk management policies.
• We provide internal audit advice.
• We ensure you comply with Sarbanes-Oxley and other necessary regulations.

Get in touch to discuss how our risk specialists can improve your governance approach.