Internal Audit Services

Enhance the Strategic Role of Internal Audit

From an increased need for information security to transitioning away from traditional hierarchical structures, the uncertain path for many businesses has only increased the need for shareholder assurance. With these challenges and the greater need for assurance comes the necessity for competent internal auditing.

We provide:

A systematic and disciplined approach by adding value to your organization and its strategic initiatives.

Objective insights into your business and its operations to maximize efficiency and increase shareholder value.
On demand internal audit project management, support and staffing.

Sikich 2024 Internal Audit Report

Sikich’s Strategic Role of Internal Audit 2024 report examines whether internal audit is viewed as a strategic function, comparing perspectives of internal auditors and executives across various industries. It evaluates if internal audit plays a role in helping organizations understand and manage strategic risks. The findings provide an understanding of its role, specifically at an executive level, and various ways to utilize and improve its role within an organization.

Read the Report

GIVE YOUR TEAM AN ADVANTAGE WITH IAEDGE™

Every five years, internal audit departments should demonstrate conformance to the Institute of Internal Auditors (IIA) Standards. Elevate your compliance strategy with IAEdge™, Sikich’s advanced solution, surpassing a basic external quality assessment. Combining the traditional quality assurance review (QAR) and a maturity assessment leveraging the Internal Audit Capability Model (IA-CM), IAEdge™ ensures your internal audit function not only meets the IIA Standards but gains invaluable insight and a strategic roadmap for success. Give your team an advantage with IAEdge™.

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“I have been around the internal audit profession for a long time and have witnessed certain buzz words and philosophies come and go—doing more with less, stop-and-go auditing, embedding data analytics—the list goes on. While I wholeheartedly subscribe to these principles, one thing has always remained the same: the necessity of having really good internal audit skills. Sikich has just that—I am extremely proud of the skill and tenure of my team, which gives us the ability to deliver consistent, thorough, on-time, and on-budget audits.”

Steven Randall
Principal, Sikich Governance, Risk and Compliance

Internal Audit Co-Sourcing and OutSourcing

Partner with us to achieve operational efficiency & increase accountability.

Utilize our breadth and depth of internal audit experience to attain assurance.

IIA QAR

Verify compliance with IIA Standards by completing a Quality Assessment Review

Risk Assessment

We’ll work with you to understand your risk appetite, how risks may impact business operations, and take steps to mitigate those risks.

Financial Reporting

Mitigate risks within the financial reporting process that could lead to errors in accounting or material misstatements.

Business Process Audit

We’ll audit your processes from start to finish and recommend internal controls and process improvements for optimization.

International Location

Our systematic approach around the world will help you uncover and mitigate risks that come with operating in multiple locations; no matter how many.

Internal Audit Outsourcing

Whether through continuous or project-based outsourcing, Sikich will provide your business with objective and independent internal controls support.

We will work on behalf of the audit committee to conduct enterprise-wide risk assessments, create risk-based audit and compliance plans to ensure your business has the information needed to move forward with certainty.

Internal Audit Co-Sourcing

When your internal audit department needs support, our internal control experts are here to help. We provide project management, subject matter expertise, and staff augmentation to leading companies around the world. We assist internal audit departments in assessing and improving the effectiveness and efficiency of internal controls in:

Financial Reporting Operations
Information Technology
International Operations
Compliance
Strategic Planning
Fraud Prevention
Emerging Risk
Data Analytics

A Trusted Internal Audit Partner

Leadership

Our consultants are both audit and assurance subject matter experts and strategic leaders. Not only will we help improve audit processes, but we will better position management for success.

Quality

We approach every project from a strategic lens, getting to know your business objectives to better assess risk and evaluate internal controls.

Consistency

The combination of experienced consultants and dedicated, attentive leadership provides clients consistency project to project, year over year.

Team Continuity

When you work with us, you can expect continued consistency across our team of energetic professionals—a supportive partner that knows your business, no matter the project.