Internal auditing is defined by the Institute of Internal Auditors Research Foundation, of Florida, USA. It is “”an independent, objective control and consulting activity designed to add value and improve an organization’s operations. It helps an organization to accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes””.
At UHY Pillars we assist business entities to improve their control issues and enhance their operational cycle by detecting and addressing complex emerging risks. Therefore, our main goal by internal audits is to raise and improve an organization’s operations.
Services provided by UHY Pillars include:
– Statutory audits and review of annual financial statements
– Internal review
– Review of internal controls
– Compilation of financial statements and other financial reports
– Performance and value for money audits
– Risk assessment and recommendations to management
– Special purpose audits
– Regulatory reports
– IFRS reporting
Risk & Internal Audit
