Where we do not act as External Auditors, we provide comprehensive internal audit outsourcing services to clients. With the trend of breaches in internal control and active connivance of company staff (at high and low levels) to defraud and mismanage organizations’ financial resources, companies outsource their internal audit functions to our organization.
We carry out client internal audit functions in an independent and professional manner that entrenches and institutes sound and adequate internal control systems, processes, and procedures, thereby reducing financial waste, bloated expenditure, fraud, and misappropriation of funds. Our internal audit services ensure transparency, accountability, and good corporate governance that gives comfort and assurance to owners of businesses, investors, and board members.
Our broad functions as an independent and uncompromising internal audit service provider include, but are not limited to, the following:
- Act as an independent unit that will monitor and enforce system and policy compliance
- Provide support to the Internal Control and Compliance Manager in identifying risks and advise on how to avoid or address them, through the design and implementation of controls and compliance initiatives that may protect from those risks
- Monitor and report on the effectiveness of control strategies in the management of the risk exposure
- Ensure adequate accounting and internal control system
- Monitor and ensure strict compliance with operational, accounting, and internal control systems and procedures.
- Ensure that management and staff abide by the company’s rules and regulations.
- Carry out continuous internal audit functions
- Carry out specialized and specific investigations or audits as mandated by the board.
- Act as a watchdog and report to the Board of Directors.