Governance, risk management & Internal control services

Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organisation's operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes. 

The mission for internal auditing is to enhance and protect organisational value by providing risk-based and objective assurance, advice and insight.

Internal audit activity adds more value to the organization as it provides variety of assurance and consulting services including operational, information technology, compliance and fraud audits, rather than just verifying historical financial information.
Effective internal auditing improves the organization's governance, risk management, and internal control processes, helping the organization to succeed and accomplish its objectives in an evolving world.

Our internal audit professionals are members of the Institute of Internal Auditors (Mongolia chapter & professional body in Ireland).We deliver our internal audit services in accordane with the Internal Professional Practice Framework (“IPPF”) as issued by the Global Institute of Internal Auditors.

Internal audit services we provide are:

  • Operational audit
  • Financial audit
  • Compliance audit
  • Value for money audit

We provide the following types of outsourcing of internal audit services (operational, financial, compliance and value for money audits):
  • Full outsourcing
  • Partial outsourcing
  • Co-sourcing
  • Subcontracting 

Advantages of outsourcing internal audit service:
  • A fresh set of eyes from outside the organization that are objective and unbiased
  • Reduces company’s investment in continual training
  • Professional and timely reports
  • More cost and time effective, freeing up internal resources
  • More content, findings, comments, opportunities for improvement, and observations for added value.
If you want to evaluate the effectiveness of governance, risk management and internal control process, and improve the operations of your organization and accomplish the objectives, please do not hesitate to contact us. We will be happy to assist you!