Internal Audit

In an increasingly complex and evolving world, the importance of the organisation's governance, risk management and controls framework has never been greater. Internal audit is an independent tool for the Board of Directors and management to evaluate the extent to which critical risks are being managed in an efficient and effective manner.

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

No two internal audit engagments 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.

Global and local contact

Do you want to know more? Get in contact with the global contact person, or reach out to your local contact.

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