Internal Audit Outsourcing
BDO has found that many internal audit groups struggle with a number of conflicting demands, most notably contention for resources while trying to maintain traditional functionality.
In addition to eliminating time and cost associated with recruiting, training and retaining skilled personnel in non-core competency areas, management will be able to focus on achieving more strategic initiatives, thereby improving staff utilisation.
As a fully outsourced provider of Internal Audit, we provide a solution which includes the development of a risk based programme of work. We work closely with Boards (typically via the Audit Committee) and management, to develop a plan which takes into account the strategic direction and associated business risks.