Enhance the Strategic Role of Internal Audit
From an increased need for information security to transitioning away from traditional hierarchical structures, the uncertain path for many businesses has only increased the need for shareholder assurance. With these challenges and the greater need for assurance comes the necessity for competent internal auditing.
We provide:
- A systematic and disciplined approach by adding value to your organization and its strategic initiatives.
- Objective insights into your business and its operations to maximize efficiency and increase shareholder value.
- On demand internal audit project management, support and staffing.
GIVE YOUR TEAM AN ADVANTAGE WITH IAEDGE™
Every five years, internal audit departments should demonstrate conformance to the Institute of Internal Auditors (IIA) Standards. Elevate your compliance strategy with IAEdge™, Sikich’s advanced solution, surpassing a basic external quality assessment. Combining the traditional quality assurance review (QAR) and a maturity assessment leveraging the Internal Audit Capability Model (IA-CM), IAEdge™ ensures your internal audit function not only meets the IIA Standards but gains invaluable insight and a strategic roadmap for success. Give your team an advantage with IAEdge™.
“I have been around the internal audit profession for a long time and have witnessed certain buzz words and philosophies come and go—doing more with less, stop-and-go auditing, embedding data analytics—the list goes on. While I wholeheartedly subscribe to these principles, one thing has always remained the same: the necessity of having really good internal audit skills. Sikich has just that—I am extremely proud of the skill and tenure of my team, which gives us the ability to deliver consistent, thorough, on-time, and on-budget audits.”
Steven Randall
Principal, Sikich Governance, Risk and Compliance
Internal Audit Co-Sourcing and OutSourcing
Partner with us to achieve operational efficiency & increase accountability.
Utilize our breadth and depth of internal audit experience to attain assurance.
IIA QAR
Verify compliance with IIA Standards by completing a Quality Assessment Review
Risk Assessment
We’ll work with you to understand your risk appetite, how risks may impact business operations, and take steps to mitigate those risks.
Financial Reporting
Mitigate risks within the financial reporting process that could lead to errors in accounting or material misstatements.
Business Process Audit
We’ll audit your processes from start to finish and recommend internal controls and process improvements for optimization.
International Location
Our systematic approach around the world will help you uncover and mitigate risks that come with operating in multiple locations; no matter how many.
Internal Audit Outsourcing
Whether through continuous or project-based outsourcing, Sikich will provide your business with objective and independent internal controls support.
We will work on behalf of the audit committee to conduct enterprise-wide risk assessments, create risk-based audit and compliance plans to ensure your business has the information needed to move forward with certainty.
Internal Audit Co-Sourcing
When your internal audit department needs support, our internal control experts are here to help. We provide project management, subject matter expertise, and staff augmentation to leading companies around the world. We assist internal audit departments in assessing and improving the effectiveness and efficiency of internal controls in:
- Financial Reporting Operations
- Information Technology
- International Operations
- Compliance
- Strategic Planning
- Fraud Prevention
- Emerging Risk
- Data Analytics
Our Approach
Increase Shareholder Value
- Align business practices with strategic initatives
- Assure strategic initatives are understood throughout the organization
- Improve results on change initatives
Maximize Efficiency
- Optimize routine procedures
- Identify opportunities for business process improvement
- Identify and eliminate weakness in business procedures
Increase Accountability
- Ensure compliance with policies and procedures
- Ensure compliance with ethical standards and values
- Ensure compliance with external regulatory requirements
Provide Shareholder Assurance
- Assure that the business is operating as intended
- Assure financial reporting is efficient and accurate
- Provide protection of investments and assets
