GoldBlatt McGuigan

Internal Audit Effectiveness Reviews

Internal Audit Services are a vital and beneficial service to any organisation, however, management and the Audit Committee must be able to satisfy itself that the Internal Audit Services it receives are effective and efficient for its current and future business needs.

Regular performance reporting to the Audit Committee is one way of receiving this assurance, however, there is real value to be gained from an independent quality assessment review which not only provides the necessary assurance to management and the Audit Committee but also provides the Head of Internal Audit with assurance and advice on taking the service forward.

Our Internal Audit, Risk & Governance team can deliver independent reviews of Internal Audit Departments to establish adherence to:

·      Institute of Internal Auditors (IIA) International Standards;

·      HM Treasury - Government Internal Audit Standards; or

·      Your in-house Internal Audit standards.

Our Internal Audit effectiveness reviews tell you what you are doing well and identify areas where development may be warranted.  We will develop an Action Plan for you to ensure that will be in a position to move your Internal Audit Service forwards.

Should you wish to discuss this service further by way of an informal meeting, contact Alan Thomson at thomsona@goldmac.com.