Role of Internal Auditors in UAE
The primary role of internal audit is to help an entity secure its assets, reputation and sustainability along with ensuring its smooth functioning. However, the function also has several other significant roles in organizations. The Internal Audit function is expected to evaluate risks, monitor and assess controls, ensure accuracy of reporting and improve operations. The internal auditor is also expected to investigate fraudulent activities and assure safeguards to prevent their recurrence, review processes and procedures and offer independent insights and advice to the senior management.
Objective of Internal Audit
- Internal audit helps in enhancing the overall governance
- An effective internal audit function is a valuable
Advantages of Internal Audit Services
The Internal Audit department is one of the most significant pillars of an organization and as such, it requires highly skilled internal auditors who can function without any bias and internal conflicts. Many entities find it difficult to maintain an in-house internal team and hence plan to outsource.
Outsourcing the Internal Audit function has several significant benefits which include the following.
Internal Audit Services we offer
- Outsourced Internal Audits.
- Co-sourced Internal Audits
- Risk Advisory Services
- Internal Audit Resource Outsourcing
- Internal Control Systems
- Compliance Audits
- Preparation of Risk Registers
- Internal Audit Training
