Add Value to Your Organization with Internal Audit
The traditional internal audit model, developed over 100 years ago, has been transaction-based and cost-driven. Today, internal audit is undergoing significant change in migrating from a reactive, historically-focused function to a proactive group that takes a risk-based focus. Leading organizations are looking for the internal audit function to assume a leadership role in assessing and managing their strategic risks, adding value to the organization and identifying operational improvement opportunities.
Helping to Improve the Return on Your Internal Audit Investment
At KPMG, we believe organizations must focus on strategic risks - those risks that affect the overall well being of your organization. This allows senior management to zero in on those areas that are most critical to the organization’s ultimate success. This focus helps to align your organization’s objectives and strategies with the processes in place to achieve them.
Get "Just in Time" Staffing, not "Just in Case" Structure
Our professionals possess the industry and subject matter knowledge needed to uncover industry and business specific risks and produce meaningful operations improvement recommendations. Our multidisciplinary teams are drawn from a global network, employ a common methodology and deliver consistent service to domestic and international organizations.
Helps to Increase the Efficiency of Your Internal Audit Function
KPMG continues to demonstrate its commitment to advancing the internal audit function with a substantial investment in technology aided tools. These technology tools are designed specifically to combining, teaming, etc. knowledge into the internal audit process. Many of these database and analytical tools are Web-based and give our internal audit professionals easy access to an extensive store of information. KPMG's combination of industry knowledge, technology tools and global internal audit methodology can help provide you with a greater return on your internal audit investment.
KPMG Services:
Comprehensive Business Risk Assessment (CBRA)
CBRA helps identify and prioritize the risks that affect the strategic well-being of your organization, so you can focus on the areas that are most critical to your ultimate success. Using CBRA, KPMG can help you find the right balance between risk and control by directly linking your process risk back to your strategic objectives. Unlike a tradition risk assessment that creates a register of all risks facing the organization, CBRA identifies, quantifies and prioritizes the key risks so that your management team can focus on those areas most critical to your success. We use this analysis to define your risk profile. This profile provides you with a snapshot of the key risks facing your organization.
Quality Assurance Review
Quality Assurance Reviews assess the current performance of an internal audit department against industry best practices for the internal audit function and provide recommendations for improving the operational efficiency and performance of the internal audit department.
For further information on the above services please contact:
Partner – Jeyapriya Partiban
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