Internal Audit

Internal Auditing is an unbiased assurance and consulting activity designed to add worth and enhance an organization’s operations. It can help a company complete its critical purposes by bringing a methodical, disciplined approach to assessing and enhancing the performance of risk administration, control, and administration procedures. MMBA Chartered Certified Accountants aims to provide a reasonable level of assurance (as expected in internal audit) regarding the achievement of the objectives of an entity. These objectives relate to the reliability of the financial reports, the efficiency, and effectiveness of operations 

MMBA Chartered Certified Accountants, Internal Audit services aid boards, as well as senior executives for better oversight & ensuring best practices in compliance. MMBA Chartered Certified Accountants specialists assist companies to enhance the effectiveness, high quality, and value received from internal audits. MMBA Chartered Certified Accountants’ understanding of threats and locations of operational improvement– especially the nuances of certain industry sectors and markets– can assist interior audit features to boost their performance and running efficiency as well as bring worth to their organizations. 

With in-house expertise, MMBA Chartered Certified Accountants provides the following Internal Audit Services. 

 •    Complete independent Internal Audit Function on outsourcing covering evaluation of corporate and management performance, including economy and efficiency of operations and the risk management processes.
•    Reviewing the existing systems and making recommendations for their improvements.
•    Development, restructuring, and implementation of the internal audit department, including the development and preparation of related Operational Manuals.
•    Designing charters for Audit Committees, Risk Management Committee, and Internal Audit Department.
•    Internal and Systems Audit under specific statutory requirements.

Experience and expertise

We have experience of using and implementing a wide range of Internal Audit Tools and have expertise that can be made available to our clients, either as part of Internal Audit consultancy services or as an outsourced project. We can help our clients transform their internal audit department by making it more risk-focused – aligning the internal audit effort with the risks, which threaten the achievement of the business objectives and corporate mission.

We provide a tailored strategic approach to help our clients identify and understand specific operational and financial risks; to define the level of risk the client is willing to accept; and to identify and focus on the opportunities available.