Internal audit is a dynamic profession involved in helping organisations to achieve their objectives. The role of Internal Audit is changing. Traditionally, its task was to ensure compliance. Now, it is more involved in top-level decision making, protecting the organisation against risk and improving control systems. It is concerned with evaluating and improving the effectiveness of risk management, control and governance processes in an organisation. The role of internal audit is to provide independent assurance that an organization's risk management, governance and internal control processes are operating effectively.
We assist organisations to achieve a competitive advantage by using their compliance efforts to build controls and processes that are sustainable and add value. Assessing and managing risk is an everyday task that needs to be met head-on. Companies should develop and implement a plan that follows a top-down, risk-based approach to identify and manage potential risks. Our internal audit services are designed to be right-sized to meet the needs of your organization, whether you need assistance for your existing internal audit function, or a turn-key solution.
With internal strategies tailored to the individual needs of each client,JV Thomson conducts audits in a proactive, forward-thinking manner – not as a traditional advisory service, but as a tool for future success. An audit allows businesses to identify and evaluate their internal controls and better understand what actions need to be taken to ensure operations are running efficiently at all times.
We help organisations to improve their corporate governance practices, risk management and internal control systems by establishing ERM systems to proactively manage risk, and creating/improving its internal audit function to focus on strategic and operational issues.As a result of internal audit, clients are able to identify and Manage risk, add value and efficiency to operations, develop successful strategies, make smarter business decisions and Safeguard assets.
We understand that internal auditing can be an invaluable asset that reveals the true underlying causes of both strengths and weaknesses. With this crucial insight, companies can overhaul or modify operations to strengthen and streamline internal control procedures and safeguard assets. Additionally, we don’t just offer one-time audits, but rather long-term risk management solutions that work today and in the future. This approach allows clients to adjust their processes as they continue to grow.