Internal Audit
An independent assessment of risks and controls, with practical recommendations.
Or discuss it with us on WhatsApp (opens in a new tab)Where are the control risks, and how can operations become more efficient?
What you get
An independent assessment of risks and controls, with practical recommendations.
Overview
What is Internal Audit?
Al Assaf & Abanmi Certified Public Accountants provides Internal Audit to companies in Saudi Arabia.
Internal audit is an objective, systematic process designed to add value and improve a company's operations. It evaluates the effectiveness of processes, policies and procedures.
It supports governance and effective internal control by assessing risks and controls and identifying practical opportunities for improvement.
When you need it
Is Internal Audit right for your business?
It suits
- Boards and governance committees
- Executive management requiring an independent assessment of controls
- Companies expanding their operations or branches
It addresses
- Weak or undocumented controls
- Policies and procedures that are not applied or are ineffective
- Unidentified operational and financial risks
Scope of work
What does Internal Audit usually include?
The final scope and deliverables are set in the engagement letter after reviewing your needs.
Understanding existing processes, policies and procedures
Assessing risks and the effectiveness of controls
Findings and improvement recommendations
Reporting directly and independently to the audit committee and the board