Often organisations are required to obtained an independent assurance or audit report around controls or compliance over a system, application, process or function. These may cover an opinion on:
We have extensive experience with the frameworks applicable for these which include:
We also partner with specialists where appropriate, undertaking the above assurance engagements specifically associated with SOC 1 and SOC 2 assurance engagements, applying the Trust Services Criteria for Australian entities and International entities.
Often organisations may wish to have a limited review of financial information or reports. We have extensive experience in the various applicable frameworks for these reviews including:
The purpose of internal audit is to enhance and protect organisational value by providing risk-based and objective assurance, advice, and insight. Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.
We have extensive experience within the team with provision of internal audit services for the Government and Not-for-profit sectors, through out-sourced, co-sourced and specific project arrangements. This has encompassed strategic, tactical and operational functions across organisations and included:
We use the International Professional Practices Framework (IPPF), which is the conceptual framework that organises authoritative guidance promulgated by the Institute of Internal Auditors (IIA), as mandatory guidance and recommended guidance.