Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations.
IIA – Institute of Internal Auditors
FINANCIAL STATEMENTS AND TAX RETURNS DON’T ANSWER ALL YOUR QUESTIONS
It’s not easy to understand how small, daily operating decisions turn into big changes in financial results over a period of time. Understanding that flow requires a deep analysis of your employees, business processes, product offering, and competition. As if that wasn’t enough, errors buried in your transaction details can skew the totals, leading you down the wrong path. You need a way to harness all this information so you can focus on what’s most important.
FIND THE SOURCE AND MAKE CHANGES
The root causes need to be found to overcome them. We use a mix of observation, testing, and data analysis techniques to target your main concerns. Once the facts are organized, simple and cost effective solutions can be put into action. Then we follow up to see if any changes produced the desired results. If not, we keep trying.
HOW WE CAN HELP YOUR BUSINESS
Test Expenses for Overpayments
Test Income for Underpayments
Identify Repetitive Errors
Reduce Time Consuming Processes
Interview Employees for Feedback
Conflict and Dispute Resolution
Relate Financial and Non-Financial Data
Identify Trends and Patterns
Determine Effectiveness of Marketing Campaigns
Research Competition and Market
Review Online and Social Media Activity
Assess the Customer Experience
IT’S ALL ABOUT YOU
The whole purpose is to help you in the areas you want and need it the most. We listen, care, and sincerely want you to succeed.
We aren’t here to police you or to place blame. We are here to provide support. You don’t need one more person on your back.
NO HOURLY FEES
We agree to a flat price for our services and don’t take a cut out of money we find. This provides greater flexibility and creativity.
We use the same analytic software as Fortune 500 companies and large audit firms. It can quickly examine large data sets, with 100% of the records tested. Multiple sources of data can be joined, even from text and PDFs.
NOT JUST A REPORT
We will make an audit report and presentation for record keeping purposes, but since you are part of the process, the results will be no surprise. We keep you informed and involved every step of the way. Your participation is key.
WE STAY WITH YOU
After the facts are gathered, you have decisions to make. We present options, but it is your business and your choice. No matter what, we won’t leave you hanging. Follow through is important to see if changes produced results.
You need the right balance of information to make decisions, reduce errors, and protect yourself. An impartial person with different tools and a fresh perspective can often see details that those involved overlook. If you have an open mind and are willing to change, you can gain more control. We will work with you and your existing accountant to create a strategy. We are absolutely not asking you to change that valuable relationship. It is important that we remain independent so you can be sure our audit opinion is free from bias. Internal audit is meant to be a help and a service that will pay for itself.