An organisation (such as a business, charity or public sector organisation) may want to carry out an Internal Audit to assess the effectiveness of management, financial controls and governance processes with a view for improvement. The person(s) who undertakes the Internal Audit may be:
- An employee of the organisation (larger organisations may have an Internal Audit department)
- A suitably qualified external accountant engaged on a consultancy basis.
The results and report from the Internal Audit are generally used internally by management within the organisation, unlike a statutory audit where the audit report and accompanying financial statements are intended for external users (such as shareholders and investors).
ACKACS Consultancy offers quality specialist and efficient Internal Audit services to meet the client’s business needs.