Internal Audit Outsourcing

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Due to the pace of change in today’s business climate, developing and maintaining a high-performance internal audit function is a challenge for many organizations. Factors that increase the challenge include:

• Mergers/acquisitions/spin-offs
• New technologies and e-business/system implementations
• Cost pressures and increased regulatory focus

An increasing number of companies are recognizing the benefits of finding a strategic partner to support an existing internal audit team or to provide a fully outsourced solution. Outsourcing the internal audit function can offer substantial benefits to your business. Simon & Edward can customize solutions to meet your needs and can perform the entire internal audit function or work in conjunction with your internal audit team.

Benefits you may obtain by outsourcing your internal audit function include:

• Ability to focus on your business’ strategic objectives vs. the day-to-day activities
• Cost savings related to efficiency improvements
• Reduction in staffing and turnover issues
• Identification of hidden risks and improved risk assessment
• Access to a team of audit professionals with extensive skills, expertise and resources
• Access to IT professionals with audit experience
• Gain a fresh, independent perspective on your company.