Internal Audit
In a highly turbulent business environment, it is essential
for companies to focus on core competencies rather than to
get involved in activities that are non-core to their businesses.
The non-core activities are being increasingly outsourced
to specialised service providers who can perform these tasks
more cost effectively. One such outsourcing opportunity is
the Internal Audit Function.
Not long ago, Internal Auditors focused on evaluating compliance
with an organisation's policies and procedures. Today, internal
auditors do much more, from identifying risks to developing
risk management protocols and analysing processes in search
of greater efficiencies. Now more than ever, organisations
need to make certain that their internal processes adequately
and efficiently address these challenges.
Most organisations respond to these
challenges by creating an independent internal audit function.
When effectively aligned with the needs of its various stakeholders,
internal audit is a key driver of effective management control,
proactive risk management, solid corporate governance and
ongoing business process improvement.
The change was considered necessary in order to improve the
"independence" of
Internal Auditors and to place sufficient emphasis to risk
management and corporate governance
issues.
Our audit services to you will be tailored to the needs of
your management and, we shall be actively involved in promoting
effective management control, proactive risk management, corporate
governance and on-going business process improvement.
All public listed companies in Malaysia are required by law
to have an Internal Audit function.
As such, an outsourced internal
audit function makes good business sense.
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