Our Internal Audit Services
Armed with the extensive experience of two Directors, we set up internal audit (“IA”) division in 2020 to serve public listed companies or IPO candidates in preparation for their initial listing applications.
For many companies, outsourcing some or all on internal audit is the most effective approach to achieving a high performing internal audit function. We have done work for clients with co-sourced, support or serving as their out-sourced internal audit function, including reporting to corporate boards and Audit and risk management committees.
Our clients benefit from a level of expertise that is often difficult, if not impossible to duplicate in-house. By leveraging on our experience in internal audit, clients realise efficiencies, cost savings, and free-up resources to more effectively run and grow their core business.
IA Outsourcing
- We provide a complete Internal Audit solution, from initial risk assessment through specific project execution, followed by Audit Committee and Executive Leadership reporting.
- Leveraging of our proven approach, tools and methodologies, including sound knowledge in COSO Internal Control Integrated Framework and many more.
IA Co-sourcing
- We provide a flexible solution to the resourcing needs of an in-house IA department. We shall supplement the existing in-house IA function.
- This allows our client to have access to all the technical and specialised resources require, without permanently increasing the headcount of an in-house IA department.
IPO Readiness
- We provide IPO readiness services to evaluate the adequacy of risk management and internal control systems of an IPO candidate to meet the requirements for publicly traded companies.
- We provide services to assist our clients to assess where they are on the continuum of internal control and risk management practices, where they need to be and how to close the gaps.
Enterprise Risk Management
- We assist our clients in identifying, analysing, evaluating, treating, monitoring, reviewing and reporting risks via facilitated workshops, focus group discussions, interviews, review documents and our understanding of the industry in which the client is operating in.
Malaysia Code of Corporate Governance ("MCCG") Review
- We assist our clients in reviewing and determining the level of readiness in adoption of the MCCG 2021.
- Under paragraph 15.25, Bursa Malaysia Listing Requirements (Listing Requirements): listed companies must ensure that its board of directors provide an overview statement of the application of the principles set out in the MCCG, in its annual report.
Process Documentation
- We assist our clients in producing documents that clearly depict how a process fits into the organization’s activity with specific details, technical specifications, and procedures.
- We bring together owners and managers, as well as shop floor employees who keenly understand each step, time-saving shortcuts, and performance standards that apply to separate parts of the business process documentation project.