Objectivity and independence are the foundation of any internal audit. When you want to ensure an objective and independent evaluation of your financial controls, our internal audit outsourcing services can help.
Internal audit outsourcing tailored to your needs.
Our team of internal audit outsourcing professionals offers a wide range of specialized expertise. That means we can execute a risk-based internal audit plan tailored to your exact needs. Our efficient approach enables you to reduce the overall cost of internal audit. And by outsourcing internal audit functions to us, you gain time to focus on more strategic programs.
COMPLY WITH GUIDELINES using INTERNAL AUDIT OUTSOURCING.
The Interagency Guidelines Establishing Standards for Safety and Soundness of the financial service industry require that each financial institution have an internal audit function that is appropriate to its size and the nature and scope of its activities. For many banks it can mean that outsourcing the internal audit function is the adequate solution. Please see below a list of key issues related to the internal audit outsourcing factors.
Internal AUDIT outsourcing services can help you:
- Get independent evaluation of the effectiveness of your financial and information technology.
- Demonstrate compliance with regulations.
- Identify problems early so you can avoid red flags.
- Eliminate cost of hiring, training and managing skilled personnel in areas that aren’t related to the core competency of your business.
- Free your time to focus on growing your business.