All things internal audit
Not all risks and controls are created equal. From business strategy, operations, and monitoring to reporting and internal audit, effective risk management and mitigation can create value for your organization. Here’s a roundup of internal-audit related insights you might find helpful.
- 3 essential internal audit analytics considerations
If you’re starting to outline your internal audit transformation strategy, there are three considerations that lay the groundwork for success—and we’re breaking them down.
- 5 internal audit KPIs you should be tracking
To capture and share value, define a framework for showcasing internal audit automation ROI—think of it as your tool to establish goals, monitor progress, and quantify benefits throughout the span of your automation journey.
- 3 categories of internal audit automation
Automation happens on a continuum, where each level of automation sets the scene for additional efficiencies. And as you get more advanced in what you choose to automate, the easier it is to identify further areas for streamlining. We like to bucket internal audit automation levels into three main categories.
- 5 questions to ask when choosing an internal audit co-source partner
If you’re co-sourcing with an internal audit partner, you know it’s a big decision—and making sure the partner you select meshes well with your team is important. We’re sharing 5 questions you should be asking.
- 5 levels of internal audit automation maturity
By continuously identifying opportunities for automation, a co-source provider can help an organization cut down on testing hours while enhancing the overall effectiveness and value of the internal audit function. The higher your level of maturity, the more proactive you become—better able to mitigate risks and adapt to unanticipated changes. See how you stack up.
Featured case study
Unclaimed property | Staff augmentation
States have become more data-driven in identifying audit targets for unclaimed property cases. Without a structured approach to identifying and reporting unclaimed property, organizations are at risk of significant fines, interest payments, and operational interruptions.
See how we helped one $1B healthcare and medical testing organization achieve compliance with all property owners and individual states—as well as:
- Avoid potential penalties and interest (estimated up to 30%!) through negotiation into Voluntary Compliance Programs
- Executed on required due diligence notifications to meet state regulations
- Document procedures for ongoing compliance
- Renew their commitment to timely reporting
Want to learn more about our staff augmentation services? Drop us a line via the form below!
Want to hear more from us?
Let us know what kind of topics you’re interested in or leave us a note by filling out the form below.