Who are concerned?

• Business owners, CEOs and CFOs who feel the need of an independent Internal Audit function, but it is not feasible for them to set up an own one.
• Heads of Internal Audit who would like amplify the knowledge and skills of their team in a flexible way or would like to receive an external assessment of their department.

What are your benefits?

• Risks under control: No major risks in your organization will be hidden any more, which are not controlled adequately.
• External assessment: You will be able to comply with IIA (Institute of Internal Auditors) Standard 1312, which states that: „External assessments must be conducted at least once every five years by a qualified, independent reviewer or review team from outside the organization.”

What we do

With our SMART Internal Audit service we are able to act as an outsourced Internal Audit function, loan staff to you with specialist knowledge at times of resource constraints and perform the external assessment the Internal Audit function.

We can support you in each phase of an internal audit project:

1. Planning
   Together with management we determine the audit scope based on the risk areas.
2. Fieldwork
   We assess the risks in scope, identify and test the related controls.
3. Reporting
   We discuss our findings with management, grade and issue our audit report.
4. Follow-up
   We regularly check the status of the actions undertook by management.