Services
Internal Audit & Control
A smooth-running internal audit function is a strategic imperative for corporate and public sector organizations. At MAF, we offer interim and full time internal audit. We assess the internal control structures, ensure compliance with laws and regulations and confirm adherence to operational procedures.
Our internal audit professionals take a risk-based approach to internal audit to help clients improve performance and operating efficiency. We go beyond traditional fundamentals and add tangible value, to elevate internal audit to an even more strategic and productive role in today´s corporate governance environment.
We provide an independent professional evaluation and advice on the quality and effectiveness of the control environment within the organization. We also identify areas for improvement and implement strategies to help you to achieve your organizational objectives and make a positive contribution to the successful operation of your business.
Our Internal Audit Services are driven by a comprehensive, proven methodology executed by experienced professionals. It is risk-based, and can be readily tailored to an organization´s specific requirements and support both an outsourced and a co-sourced service model.
Services include:
- We advise your management team to develop workable internal controls that enhance the control environment.
- We provide advice on how to implement an effective and secured internal control environment.
- We advise on how to manage core operational risk, especially those related to the reliability of business operations.
- Assisting with linking operational strategies and risk performance measures to business goals.
- Assisting with change management and business awareness processes by helping make the transition from existing practices to more efficient and focused
- We approach through training and assisting of staff in the development of new skills.
- Evaluating the key structures, dynamics and processes required to underpin effective corporate governance.
- Our experienced consultants have managed a multitude of complex and resource-intensive projects, garnering a broad range of industry knowledge and the ability to find solutions appropriate for the size and nature of your organization in the most cost-effective and efficient manner.
- By augmenting your existing staff through a co-sourcing arrangement, your organization benefits from the niche audit skills that have been usually difficult to maintain internally. At the same time, your organization can develop experience and knowledge internally.
- Conducting Internal Audits of organizations and evaluating the internal controls, review of existing business processes, identification and recommendation of areas for cost reduction, constructive review of operations etc.
- Provision of Enterprise Risk Management services with focus on policy and framework designing, risk identification, risk assessment, security and technology solutions, implementation of antifraud programs, review of risk management framework etc.
- Conducting due diligence review for an organization for various focus areas primarily covering potential acquisition, mergers, granting loans to projects, venture capital investments, joint ventures and collaboration etc
- Provide services in the areas of Information Systems Audit which include evaluation of Information Systems and IT Controls considering Organization standards and International Systems frameworks.
- Conducting Techno Commercial concurrent review, Compliance audits, special purpose investigative audits etc.
