Why Internal Audit?
 
Most companies have felt the ripple effects of recent accounting scandals. More frequent and onerous actions by regulators and the capital markets are forcing executives to divert precious time from strategic vision to tactical defense of their corporate governance.

Corporate Governance concept has an increasing trend in our country as well as others. Although Corporate Governance seems to bring new burden for companies, it is a significant concept that enhances trust of investors and contribution of both foreign and domestic capital.

At the same time, competitive pressures are compelling companies to take better products to market faster. Customers are more finicky, less loyal and more apt to want on-line access to products and services. Companies are still adjusting to the widespread propagation of enterprise systems in the late 1990’s, including producing more and better results with fewer resources.

Amidst all of these conflicting currents, timely and reliable business intelligence for your senior management team has probably never been more important. Whether it involves financial and accounting controls, operational audits, environmental affairs, information technology standards, sales and promotions propriety, distribution center performance, or a hundred other highly specialized functions, you must identify areas of potential risk and address them before they blindside you. If you can uncover previously hidden opportunities at the same time, the value of the process grows dramatically.
 
Reduce your exposure to unpleasant surprises, mitigate risks, and mine opportunities- an effective internal audit function should assist you in fulfilling all of these objectives. Deloitte can show you how.

If your organization is creating an internal audit function for the first time or have an established internal audit function, let us help you extend its value by streamlining processes and costs while increasing the quality of the work produced.

Why do we need Internal Audit Services?

• Increased effectiveness and efficiency of operations
• Establishing a reliable internal risk management and control infrastructure
• Establishing an internal audit department
• Performance enhancement of an existing internal audit department to add value and reduce risk
• Knowledge transfer from Deloitte professionals to the selected members of the organization