We understand the definition for professional internal auditing consulting services as follows:
“Advisory and related client service activities, the nature and scope of which are agreed with the client, are intended to add value and improve an organization’s governance, risk management, and control processes without the internal auditor assuming management responsibility.
Our internal audit assurance team well understands the needs of various clients and will suit in well with your needs to provide you with recommendations that will improve on your internal control systems. We offer formal consulting service based around the corporate governance, risk management and control dimensions.
The role of internal audit has evolved due to economic conditions, increased globalization, and new and emerging risks. These scenarios are creating a dynamic environment – and a new opportunity for SPR Consult to demonstrate its value to clients to enable them overcome complex risks facing organizations.
We derive our guidance for internal audit consulting services by addressing the following:
a) Audit charter considerations
b) Inclusion of key risks identified in the audit plan
c) Maintaining our objectivity and independence
d) Maintaining proficiency of staff through selecting our team of consultants e) Due professional care
f) Appropriate planning including objectives and scope
g) Alignment with corporate goals
h) Identification of risks and controls
i) Development of work programs
j) Communication of results
We highly believe that when our internal audit staff follow and comply with the mandatory standards related to consulting services, as well as any other standards applicable to all services provided by internal audit, there should be no major issues providing consulting services to our clients. As with any engagement, we shall maintain clear communication lines before, during and after, as well as appropriate planning and scope definition, to help us ensure that the services result in a beneficial and satisfactory to contracting companies,