Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance process.
Simply said, internal audit monitoring the effectiveness of a company’s internal control system set by the management.
Institute of Internal Auditors (IIA)
- Regardless of a client’s industry – or whether an internal audit department already exists – BDO creates a framework individually suited to meet each company’s needs.
- We take a uniquely hands-on approach, and our partners are deeply involved in the work we do. We also offer our clients local resources backed by a global network of professionals that are available in 1,401 offices and over 158 countries around the world.
- If necessary, we engage Subject Matter Experts (SME) from our global network, for special expertise in a particular industry.