Modernising internal audit to drive effective risk management and growth strategies

Internal audit plays a vital role in overseeing the effectiveness of government, enterprise risk management, compliance, internal control systems and processes. Internal Audit requirements are constantly evolving, yet constraints on resources can make it difficult to keep up.

We help our clients to elevate their impact by infusing value at every stage of the internal audit process. We team with your IA function to deliver purpose driven, digitally powered internal audits leveraging automation, analytics, dynamic risk assessment, and agile methodology that align with your strategy.

How we can help

RSM’s Internal Audit Services offer an integrated approach to ensure that all categories of risk exposure and controls are reviewed and assessed by people with the requisite skills and experience. This includes combining agile and data driven solutions that provide deep insights and foresights into risk and opportunities, achieving enhanced assurance and business improvement. Our internal audit practice collaborates closely with boards, committees, executives and management to tailor how we help you.

Our Internal Audit services include:

  • Establishing an internal audit function.
  • Delivering outsourced and co-sourced solutions by leveraging our expertise and experience. 
  • Supplementing an organisation’s existing internal audit capabilities. Given the strong demand for suitably skilled and experienced internal auditors, most organisations find it difficult to sustain their own full-strength internal audit function and associated technical infrastructure. We provide specialised skill sets and undertaking ones-off audit assignments or on a continuing basis.
  • Strategic support to Heads of Audit to strengthen and augment their vital internal audit functions and help clients evaluate, innovate, and elevate their IA functions to higher performance.
  • Performing independent external quality assessments on the Internal Audit activity and assisting internal audit functions with preparation for external and Internal quality assessments utilising the International Professional Practices Framework (IPPF) Quality Assessment Manual for the Internal Audit Activity.
  • Providing audit methodology, training, and software advice
  • Agile internal audit - We help clients apply agile methodology to internal auditing. By taking an iterative, time-boxed approach, agile methods support a collaborative environment for audit and the organisation, enabling them to solve business problems with speed.
  • Business process analysis - We can analyse relevant financial and operational controls and processes, typically at the direction of the CEO, CFO, or other ‘C’ level executives.  This includes root cause analysis when things go wrong, or sub-optimal outcomes are achieved.
  • Probity audits to elevate your corporate integrity, manage conflict of interest, regulatory adherence and compliance and contractual and procurement integrity.

Contact us

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