The role of internal auditors has undergone a significant transformation, evolving from a purely assurance-focused function to a consultative role aimed at improving systems and processes. At QAC, we embrace this shift and offer a comprehensive range of customized services and solutions to elevate corporate governance, assess business risks, provide assurance on control effectiveness, and assist you in achieving your organizational objectives.

Our risk-based approach to internal audit comprises the following key steps:

1. Research: Thoroughly collecting a wide range of information about your business entity to gain a holistic understanding.

2. Planning: Analyzing this information to determine the review’s priorities and objectives in collaboration with your management team.

3. Providing Assurance: Offering valuable insights to management regarding the effectiveness of your systems through our rigorous audit process.

4. Consultation and Action: Collaboratively working with your management to address identified risks, either by accepting them or implementing improvements in areas where opportunities or deficiencies are pinpointed.

5. Follow-Up: Continuously monitoring and reviewing the progress of implemented improvements, ensuring sustained effectiveness.

At QAC, our internal audit services go beyond mere compliance; they are a catalyst for positive change within your organization. We’re dedicated to helping you enhance processes, mitigate risks, and ultimately drive your business toward its goals, all while ensuring robust corporate governance.