|
| Establishing an Internal Audit Function |
 |
|
Our IA group can assist management in establishing an internal audit function in the following ways:
- understand stakeholders' requirements;
- develop internal audit charter;
- develop internal audit strategy;
- perform initial risk assessment;
- develop manpower/skills plan;
- assist with recruitment process.
Our IA group can also provide a temporary function to ensure that IA work continues while the new function is set up.
We will work with you to decide the best way to establish your internal audit function. Options can include the following:
Typical reasons for this service:
- a new listed company creates an audit committee which recognises the support they would gain from an IA function;
- decision by directors of a private or public company recognising that IA is a central element of good corporate governance;
- loss of existing IA team, or desire to fully upgrade the function;
- acquisition of new subsidiary.
| |
| | |
|
