BRITISH VIRGIN ISLANDS

Search

establishment of ia function

The IA function plays a critical role in an organizations management control structure; it helps to ensure the legitimacy of the entity’s fiscal practices. IA departments strive to strike a balance between adhering to new regulatory risks while remaining focused on the traditional business of operational auditing. So, what does this mean? Relationships and experiences ascertained within the company are used to mitigate risks, improve controls and add value across your organization.

BDO has found that many internal audit groups struggle with a number of conflicting demands, most notably contention for resources while trying to maintain traditional IA functionality. BDO’s Risk Advisory Service practice has developed a suite of services designed to help clients develop and implement an internal audit function or, transform a standard, compliance driven IA function into one that is proactive and risk-oriented.

We can help you align your internal audit function with the overall objectives of your organization.

Our services include:

  • Establishing an effective internal audit function
  • Quality Assurance Reviews gauging the effectiveness of the internal audit function
  • Strategic partnering and co-sourcing
  • Risk assessment services
  • Managing the internal audit function
  • Constructing audit services
  • Financial institutions compliance
  • IT audit services 
Loading...

© 2011 BDO Limited. All rights reserved