Internal Audit Services

Internal Audit is a key attribute of good governance which provides the management, audit committee and various stake holders with an independent view on whether the organisation has an appropriate risk and control environment. These stakeholders rely on internal audit to provide assessments and assurance around the effectiveness of controls and company processes, while also providing support in a diverse array of risk and business process improvements.

At ProBus we help clients strategically assess, remediate and improve control issues identified, while also identifying and addressing complex emerging risk areas for the business. Our team helps clients in:

  • Setting up and assessing the effectiveness of the internal audit function in delivering to stakeholders
  • Designing the internal audit framework including writing the internal audit Charter
  • Assistance in Process Reviews and designing Standard Operating Procedures (SOPs)

Internal Financial Control Framework design and implementation as per Companies Act 2013 requirements

  • Gap assessment and testing of Entity Level controls
  • Identification of significant risks and controls for all key process areas, designing the Risk and Control matrix
  • Testing the operating effectiveness of the internal controls, identification of key deficiencies, and suggesting remediation plans and mitigating controls to address such deficiencies.
  • Training the client workforce to ensure compliance to the IFC framework