Achieving leading internal audit (IA) capabilities requires significant investment.
Achieving leading internal audit (IA) capabilities requires significant investment...
Achieving leading internal audit (IA) capabilities requires significant investment in skilled resources, methods, training, career paths and technical infrastructure. Maintaining those capabilities requires sustained investment during both good and challenging economic times.
For small and mid size companies, having a separate Internal Audit Department might be too costly and heavy on the internal structure. Having the opportunity to rely on an internal auditor can be offered by our KPMG Internal Audit Sourcing Services.
What can KPMG do for you?
KPMG's Internal Audit Methodology (IAM) is the firm's global approach to providing internal audit outsourcing and co-sourcing services. It is a risk-based approach that focuses on clients' objectives and impediments to achieving those objectives. Sourcing the IA function takes on a variety of forms, each presenting its own degree of "ownership" and mix of fixed & variable costs.
Furthermore KPMG can help to set up your Internal Audit function (e.g. draft IA charter, manual) and can evaluate your Internal Audit function by performing a Quality Assurance Review in line with best practices.
The professionals of KPMG's Dutch Caribbean and Suriname IAS services can help organizations manage internal audit costs by:
Featured Success Story
KPMG professionals helped financial institutions to build an internal audit department. KPMG first helped the company build an outsourced internal audit department and has encouraged the company to co-source internal audit resource needs that are scalable to fit the continually changing businesses and risk profile. KPMG's team will continue to provide strategic internal audit co-sourcing services as it meets the client's need for subject matter professionals to deal with the increasing complexity of its growing business and increased laws and regulations the institution has to comply to.