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Internal Audit

Internal Audit

Outsourced Internal Audit Services

In today’s dynamic regulatory and business environment, organisations face increasing pressure to strengthen internal controls, manage risk proactively, and demonstrate sound governance practices. Our Outsourced Internal Audit Serviceprovides a cost-effective, independent, and professional solution tailored to your unique business needs.

What We Offer
Our outsourced internal audit services are designed to deliver independent assurance and actionable insights to management and the board. We help organisations assess the effectiveness of internal controls, improve process efficiency, and ensure compliance with applicable laws and regulations.

Key services include:

  • Risk-Based Internal Audit Planning
    We develop annual audit plans aligned to your key risk areas and strategic objectives, ensuring audit coverage where it matters most.
  • Execution of Internal Audits
    Our team conducts audits across operational, financial, compliance, and IT domains, providing clear, practical recommendations for improvement.
  • Internal Control Evaluations
    We assess the adequacy and effectiveness of your control environment and assist in strengthening areas of weakness.
  • Governance and Risk Management Reviews
    Evaluate the effectiveness of your governance frameworks, board reporting processes, and enterprise risk management (ERM) practices.
  • Fraud Risk Assessments
    Identify vulnerabilities and assess controls related to fraud prevention and detection.
  • Special Reviews and Investigations
    We support organisations with targeted internal reviews, including investigations of suspected fraud, misconduct, or control failures.

Benefits of Outsourcing Your Internal Audit Function

  • Independence & Objectivity
    As an external provider, we bring unbiased insights that strengthen trust in your internal audit reports and findings
  • Access to Specialists
    Gain access to a diverse team of audit, compliance, IT, and risk professionals with broad industry experience and technical expertise.
  • Cost Efficiency
    Reduce the overhead costs of maintaining a full-time internal audit function, while still achieving full coverage and compliance.
  • Scalable Resources
    Whether you need full outsourcing or co-sourcing support for specific audits, we scale our services to meet your evolving needs.
  • Regulatory Compliance
    We ensure that internal audits are conducted in line with best practices and frameworks, including the International Standards for the Professional Practice of Internal Auditing (IIA Standards).

Our Approach
Our methodology follows a structured, risk-based approach that includes the following phases:

  1. Audit Planning & Risk Assessment
  2. Fieldwork & Data Collection
  3. Analysis & Testing of Controls
  4. Reporting of Findings & Recommendations
  5. Management Feedback & Action Plans
  6. Ongoing Monitoring & Follow-Up

We work closely with your leadership team to ensure that audit activities align with your strategic priorities and add measurable value.

Flexible Engagement Models
We offer flexible delivery models tailored to your business:

  • Fully Outsourced Internal Audit Function
  • Co-Sourced Audit Support
  • Project-Based or Special Purpose Audits
  • Interim Audit Resources

StrattEdge ISQM Packages

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