Assessing an organisation’s health and navigating it towards success
Boards, Audit Committees and C-suites are asking questions on the level of assurance they are receiving over the health of the organisation including the ability to respond to the changing business environment and subsequent emerging risks. BDO’s internal audit service offering responds to these questions by bringing innovative approaches to assess the level of assurance that will assist in driving value throughout the organisation and assist in navigating the complex changing business environment.
For large and small businesses alike, we design appropriate internal audit functions – from conducting a thorough assessment of risk across the organisation, to reporting findings to management, the board, and other stakeholders. We not only identify issues, but we work with management to address challenges and put the appropriate controls in place.
Regardless of a client’s industry – or whether an internal audit function already exists – BDO creates a framework individually suited to meet each organisation’s needs. We take a hands-on approach, and our partners are deeply involved in the work we do. With local resources backed by a global network of professionals that are available in over 160 countries around the world, our professionals assist our clients’ needs in the following areas:
- Internal audit outsourcing
- Internal audit co-sourcing
- Internal audit partnering
- Quality assurance review
- Process and internal controls advisory
- Audit committee advisory
- Continuous auditing and continuous monitoring
- Date analytics and robotic process automation
Advances in technology are enabling changes in business models, improving productivity, and driving innovation. We help internal audit departments be proactive advisors to senior management, enable the board to stay at the forefront of these advancements, and advise on the emerging risks along the way.
Whether it is advanced analytics, robotic process automation, continuous auditing, or continuous monitoring, BDO provides services for our clients that we “right-size” for their needs.