Audit Practice is a leading specialty provider of Attestation, IT and business operations
consulting and related internal control and risk related management
services. We deliver tightly focused expertise that helps keeps pace with
today's complex compliance and document retention regulations for large and
small public and private companies.
Our services include:
- Risk Assessment and Control Objective Identificaton
- Attestation support services
- Document management and regulatory compliance requirements
- Sarbanes-Oxley (SOX) compliance
- Risk and Control Self Assessment (RCSA) definition, creation,
implementation and execution initiatives
Why use consultants for these services?
Supplementing your internal audit resources with Audit Practice resources
allows you:
- Cost savings – Our Risk Assessment process yields a specific
audit plan geared toward auditing only what you need, based on your risk
appetite in your business. With the right plan you can reduce your out-of-pocket expenses and fees by as much as 40%!
- Enhanced focus – Our professionals leverage their years of
expertise to help you efficiently identify and control your risks,
letting you focus on managing your business.
- Subject matter expertise – Our engagement leaders build a
team of experts with capabilities based on your specific needs for each
audit.
- The right resources – You will have access to a team of
professionals that brings significantly greater breadth and depth of
experience than an organization can typically hire internally. Our
seasoned audit professionals are also comfortable proactively
communicating with top management, the Audit Committee, Board of
Directors and External Auditors.
- Continuity of knowledge – Organizations often lose key
knowledge when they experience employee turnover, whereas we always
retain knowledge of your internal control systems.
Additionally you can:
- Access outside experts well versed in Attestation, regulation, SOX compliance,
information technology, and operational practices
- Add special skills when and if needed
- Address staffing challenges brought on by new projects and short
timeframes
- Temporarily increase your independent internal Audit staff, enabling
less work to be performed by your External Auditor and reducing your
overall ongoing compliance costs. With the right plan you can save up to
40%.