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Internal Audit

Transcendent Group can assist in the following areas;

• Systematically evaluate and propose measures to improve the effectiveness of risk management, governance, control and corporate management processes
• Perform an independent evaluation of specific areas resulting from changes in the business risk profile
• Strengthen the internal audit department in terms of resources and expertise, either on a short term or long term basis
• Develop structures, frameworks and tools for internal audit
• Provide training in internal audit methodology and risk assessment processes
• Act as the organisation’s internal audit function through an outsourcing arrangement
• Provide an external quality assessment of the internal audit function with an independent assessment team
• Through data analytics, provide added assurance by analysing large amount of data, in order to gain insights and make knowledgeable decisions

No two internal audit engagements are the same. We always start with the organisation specific objectives, the scope of the audit and the organisation’s risk profile. Our methodology is aligned with the IIA’s standards and can easily be adapted to client specific circumstances, requirements and conditions. All internal audit consultants at Transcendent Group have several years of experience and work in accordance with IIA’s guidelines. Most consultants hold related certifications, including CIA, CISA, CISM and CFE.