we help companies assess their skills and choose a
new direction which utilizes the talents of the team
and resources most productively.
new direction which utilizes the talents of the team
and resources most productively.
we help companies assess their skills and choose a
new direction which utilizes the talents of the team
and resources most productively.
new direction which utilizes the talents of the team
and resources most productively.
Internal Audit Services
Profitable business comprehends to have a beneficial and insightful internal audit service for risk-management and smooth operation. Senior management can completely leverage the benefits of risk management, control monitoring, security enhancement, and corporate governance improvement from internal audit service. Appreciating and implementing internal auditing services will provide opportunities to make better and informed decisions.
At GITPAC, we provide internal audit services with the purpose to:
- Gain confidence in your organization to meet its core business goals
- Protect your company against fraud and intercept fraudulent practices.
- Provide better risk assessment in operations, finances, cybersecurity, and other areas of concern in your company to identify and prioritize the area that needs audit focus.
- Develop a better understanding and document of the procedures of the currently existing claim data and processes.
- Gain information to identify gaps, known as “trouble spots,” in poorly designed procedures and controls.
- Provide assurance and confidence in following the laws, regulations, and standards that apply to your organization. To save you from additional costs and trouble when external auditors test your compliance.
- Save time, money, and focus on smooth business operations.
- Keep updated about the advancement needed in the process and controls.
Our Process
We review the organizational affairs to ensure the attainment of its goals and objectives through optimum utilization of all available resources within the legal, social, economic, and environmental constraints to report, highlight the weaknesses observed, and give suggestions for improvement.
Our review includes
Internal control systems and procedures in accounting & finance transactions.
Receivable and Payable management system.
Efficient and economical use of available resources/assets
Compliance of the various segments with the policies, and procedures of the organization as well as with the relevant regulations and laws.
Risk management programs
Organizational structure and its congruence with its objectives
System regarding the custodianship and safeguarding of assets.
System of collecting data both monetary and non-monetary to ensure that the information given to management and to external agencies are relevant and reliable.
Internal audit service provides strong internal controls, efficiency by spotting redundancy in business practices, security by scrutinizing cyber-security, and ensuring the alignment with your policies. Additionally, it helps in identifying and preventing fraudulent practices safeguarding your integrity. Identifies and resolves risk mitigation performance. Last but not least makes sure your company is compliant with the laws, regulations, and industry standards.