Outsourcing and co-sourcing internal audit functions

Description

Outsourcing and co-sourcing internal audit functionsadvisoryChanging stakeholder expectations and Leveraging our resources to a new view of risk management are help you competeprompting an important shift in the role Wholly outsourcing or co-sourcing of internal audit in many organisations. critical elements of an internal audit New demands from the board, senior function can help an organisation organisational leaders, and regulators reduce costs, free up capital, and are requiring internal audit groups to enhance its ability to focus on its core continue refocusing their efforts. competencies. It can also provide an opportunity to tap into specific What’s more, as responsibilities have skill sets, better practices, industry expanded the need for enhanced and corporate audit knowledge, and rigour and transparency and a geographically dispersed resources.consolidated view of risk management has become paramount. KPMG can augment your organisation’s internal audit staff Many leaders have recognised the and broaden its capabilities by, for need for internal audit to play a larger example, helping to execute internal role – one that expands its historic audit programs.focus on value preservation (a controls focus) to encompass activities related Our professionals can also support to value creation (a performance focus). ongoing monitoring, compliance maintenance, and control Such a shift could enable internal audit transformation efforts to help ...

Subjects

• Documents
• Ressources professionnelles
• Accounting

Informations

• Published by: Fupip
• Reads: 183
• Language: English