Internal Audit & Risk Assurance

The mission of the “Internal auditing function is to give independent, objective assurance and consulting activity designed to include value and enhance the organization’s operations. It enables the association to achieve its objectives by bringing a systematic, disciplined approach to deal with assess and enhance the success of risk management, control, and governance processes.” In short, an Internal audit is responsible for checking the success of the internal control processes that have been set up by the administration.

• Effectiveness and proficiency of operations in your organization.
• The accuracy of financial statements and management reporting made to the best management.
• Agreement with local laws and applicable rules and regulations for your organization in UAE.
• Protecting of assets and different issues concerning the interest of the company, employees, partners.

• Risk assessment
• Process walkthroughs and documentation
• Control assessment
• Testing
• Reporting

• The scope of the internal audit is characterized by management or the Board
• Internal Audit “reports” straightforwardly to administration or the Board
• Enhances the “control environment” of the organization
• Improves the proficiency of business tasks
• Diminishes the chance of fraud
• Ultimately expands responsibility inside the organization.
• Make the organization process-dependent rather than individual-dependent

Our internal audit experts take a risk-based strategy to internal audit to enable customers to enhance performance and working efficiency.

We give a proficient assessment and guidance on the quality and success of the control environment within the organization. We also recognize areas for development and execute procedures to help you to accomplish your organizational goals and make a positive commitment to the victorious operation of your business.

• Understanding business targets and risk
• Proficiency and effectiveness of internal controls
• Complete internal audit outsourcing
• Fractional internal audit outsourcing
• Risk assessments and audit plans
• Identification and suggestion of areas for cost lessening and income improvement.
• Basic assessment of internal controls, performing gap analysis and suggesting regions for development and proficiency.