An internal audit is the process of objectively evaluating your business’ internal operations, ultimately designed to help you achieve your objectives and add value to your company.
An internal audit provides independent assurance that a business’s risk management, internal controls and governance processes are all aligned and operating effectively.
Internal audits also ensure your operations are complying with laws and regulations and help to detect breakdowns in internal controls – identifying and addressing weaknesses within your company.
Here at Smith Cooper, we understand that for your business to succeed, you are going to have to take risks. However, how well these risks are controlled will determine your scope of achievement.
Choosing Smith Cooper’s internal audit service will provide you with a comprehensive evaluation of your internal operations, which can be broadly defined as the activities and processes undertaken to achieve your business objectives and reduce risks. We will evaluate risks, analyse operations and test their effectiveness, ensuring we are the most effective advisors possible.
We take the time to listen, analyse your business, discuss your specific needs and tailor our approach accordingly. Internal auditors are critical to top level governance of your business – we deliver robust assurance to executive management and stakeholders that your company is operating effectively.
Our internal audit team will challenge current methods, champion best practices and provide the momentum for improvement, so that your business achieves its strategic objectives. If you require further information about the audit service we can provide to your organisation, please contact a member of our team today who are on hand to guide you through the process.