Outsourced Internal Audits

Are you facing any of the following challenges in your business?

• Are you struggling with to establish and maintain an effective internal auditor (IA) function?
• Do you find it difficult to recruit and retain internal audit professionals with the necessary skill sets?
• You are concerned that your existing internal audit function is not adding sufficient value to your organisation?
• Your full-time Internal Audit team is not proving effective and efficient in terms of cost and time for your organization?

The internal auditor (IA) function has traditionally been maintained in-house as part of the management control system. However you can hire fully dedicated internal audit professionals from 7 Step, as a strategic partners to support an existing internal audit team or to provide a you fully outsourced internal audit function. Enable your organization to gain a new level of insight by drawing upon value-added internal audit services of experienced, highly-trained 7 Step audit professionals.

Internal Audit outsourcing arrangements with 7 Step can take many forms. The services under contract can be as limited as assisting internal audit staff with an assignment in which they lack expertise or you may call our auditors to perform all or several parts of your internal audit work where our auditors would work jointly with your Internal Audit Programme Manager to aid and add value to their efforts.

7 Step Internal Auditing Services cover

• Review previous internal audit findings and closure of any non-conformity.
• Review Internal Audit Plan (if any).
• Preparation of an Internal Audit Plan / Schedule.
• Conduct of internal audit based on established audit scope, criteria and methodology.
• Internal audit findings Report.
• Review effectiveness of corrective and preventive action.
• Provide technical supports during internal audits and
• Assistance in conduct of Management reviews

Deliverables

• Monthly status report post Internal Audits will be generated followed by discussions required between your Internal Audit Programme Manager and the 7 Step Auditors
• Bi-annual Management reviews.
• Onsite support for certification, surveillance, compliance, or other internal audits as required.

Your business benefits from having

• Access to experienced auditors and best practice
• Access to technical and industry specialists
• More focussed use of internal audit budget
• Receiving quality internal audit services at lower cost