Internal Audit: Advisory has been saved
Internal Audit: Advisory
Assure. Advise. Anticipate. Accelarate
Through innovative methods, advanced analytics and labs, we help organisations transform their Internal Audit function. With a full range of outsourcing, co-sourcing, technology and data analytics services we enable Internal Audit teams to deliver assurance, advise on critical business issues and anticipate risks.
First time function set up
In-house For organisations taking their first steps in creating an internal audit capability. We help accelerate the establishment of an effective Internal Audit function, leveraging a tried and tested blueprint. Creating fit-for-purpose, cost-efficiency, and a roadmap for the future that can evolve as your organisational assurance needs expand.
OutsourceFor organisations that would like to get the benefit of having an Internal Audit function without increasing their capacity. We assist you in the deployment of your internal audit capabilities, by performing all of the organisation’s internal audit activities through an outsourced model and provide you all the value that an Internal Audit functions brings to the organisation.
Improve and adapt:
Digital internal audit
Technological advances and trends in advanced analytics, robotic process automation, and artificial intelligence are rapidly reshaping internal audit’s operating models, improving productivity, and enabling innovation in the way internal audit provides value. We help Internal Audit functions set their digital strategy, identify opportunities to use automation and implement new tech-enabled ways of working in areas such as dynamic risk assessment, management dashboards and automated Audit Committee reporting.
Learning and development
Attracting, developing and retaining the skills, and capabilities, to drive impact in an agile and digital world is critical to Internal Audit’s success. We provide a flexible, on-demand learning programme for Internal Audit practitioners, built on years of Deloitte professional expertise.
The business environment is constantly evolving and demands innovation. The Internal Audit function requires new approaches to meet evolving stakeholder needs, we help set, refresh and re-imagine their purpose, vision, and strategic priorities to create impact and value for their organisations.
We support Internal Audit functions design, build and implement new ways of working and re-imagine existing practices across the audit lifecycle.
Assess and benchmark:
External quality assessment
The Institute of Internal Auditors (IIA) recommend an independent external quality review is performed at least once every five years. We work with Boards and Audit Committees to assess their Internal Audit function’s conformance with industry expectations, relative performance against peers and provide recommendations to enhance the effectiveness and strategic positioning of Internal Audit.
We have a dedicated team of Internal Audit professionals who specialise in quality assurance reviews who can support the development, management and execution of your quality assurance programmes for Internal Audit functions or support your in-house quality assurance teams.
An Internal Audit function’s role, remit, size, and shape should reflect the organisational context in which it operates. Our bespoke and tailored benchmarking helps organisations challenge and inform their approach to internal audit.