Internal audit services are a systematic and independent evaluation of an organization's operations, internal controls, risk management and governance processes. It is conducted by an internal audit team or in combination of co-sourced and outsourced teams, which operates independently and reports directly to the board of directors or an audit committee. The auditing team also ensures through their assessment that organization adheres to applicable policies, procedures, laws, regulations, and industry standards, along with identifying gaps and making recommendations for their improvements. Furthermore, organizations periodically undertake EQA to assure stakeholder that their internal auditing services are in line with professional standards.
"Enhancing Audit Efficiency and Compliance with EY's Audit Tool"
My experience with EY's internal audit tool has revolutionized our audit processes, enhancing efficiency, accuracy, and risk assessment. EY's expertise and support has been exceptional, ensuring seamless implementation and ongoing assistance. This gives significant benefits, including improved audit quality, reduce costs and enhanced compliance.
"Technical Expertise and Efficiency Defines Deloitte's Auditing Performance"
Deloitte tends to work independently and execute audits with minimal customer interactions. It does provide detailed yet easy to understand reports. Their accessible team / management team and commitment contributes to an overall positive experience working with the team. Deloitte has robust IT auditing skills that they apply autonomously and deliver high quality results, with a client-focused approach.
"Qualified, Committed and result oriented firm "
we always agree KPMG is best for the finical and stat audit they have professional team who work with commitment and always result oriented, and they have not seen any challenges with them.
"GT's Well-Qualified Team Boosts Internal Processes and Security"
GT has a well-qualified audit team which has helped improve our internal processes and security posture.
"Helps you to be prepare for the Improved Compliance."
Crowe Team was highly professional in their approach, they worked with our Audit team to setup the assessment, once done they have provide us report and a walkthrough on the possible remediation/process improvements tip.
"Good internal audit service provider"
overall RSM provide good internal audit service. earlier we were using RSM service for internal audit and for other activities.
"Qualified committed and Good support system"
We hired Pwc Team more then 30 assignment and they always be a professional and always fulfill the commitment and result oriented and they help us for streamline the process and fulfill the gap in areas.