- Do we have a strong and independent Internal Audit function?
- Is the Audit function adequately staffed and trained to deal with key business risks?
- Does our Audit scope adequately covers all critical areas of our business operations?
- Are we monitoring our Audit activities adequately?
TAG Consulting (Pvt.) Ltd.
RISK ADVISORY & INTERNAL AUDIT
Management Concerns
Internal Audit
Internal Audit
The listing regulations require listed companies to have an internal audit function commensurate with its size and nature of business. To comply with the requirements companies may either have an internal audit department or can outsource the internal audit function to an external agency.
Internal auditors play a crucial role in an organization's corporate governance, internal control structure, risk management analysis, and financial reporting process. In the past decade, auditors have actively provided management with consulting and assurance services to assist in compliance with regulations such as the U.S. Sarbanes-Oxley Act of 2002 and Code of Corporate Governance.
Our Professionals team up with audit executives, management and audit committees to assist them with their internal audit activities. This can include performing Internal Audit Activities for these companies on a fully outsourced basis or working with an existing internal audit function to support their team through suitably qualified staff or skill.
We can help our clients through structured approach toward financial control compliances and related regulatory requirements like Sarbanes-Oxley Compliance, Code of Corporate governance or Stock Exchange listing regulations and Banking prudential regulations. We have performed numerous financial and internal control reviews and control investigations, either as part of a formal internal audit activity or otherwise and have reported directly to the board of directors, audit committee or management, as desired.
