Co-sourcing or outsourcing internal audit work can reduce costs, free up capital, and enhance your ability to focus on what you do best.
We can help reduce costs and free up capital.
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. As both a critical business operation and a function often perceived as a cost center, IA can be a prime candidate for strategic sourcing.
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 and variable costs.
KPMG's Internal Audit services can help organizations manage internal audit activity and costs: