Key Benefits Associated with Internal Audit Co-Sourcing


An increasing number of companies are using professional outsourcing firms to Internal audit to fill any gaps and meet your Internal Audit needs. According to a survey conducted, citing the Institute of Internal Auditors, 63% of companies outsource at least part of their Internal Audit work.

In addition to the basic need to find someone with experience - or additional professionals with a certain expertise - to complement your own team of internal audit, it can help you learn additional benefits that you can anticipate working with specialized external contractors. Consider some of the key benefits your company can gain from working with expert audit professionals:

Improve your business operations: Bringing a professional or a team of professionals in Internal Audit can not only help you create a specific project in a certain period of time, but these professionals can also leave a lasting impression on your own Internal Audit team. By working with an assured company that offers an organized and streamlined approach, your own team can adopt certain approaches and philosophies to help stay on point daily for better ongoing efficiency and easier preparation for future internal audits.

Relieve your own team of Internal Audit: Audits sometimes fall during the holiday period when key team members have scheduled time out of the office. In order to honor your well deserved free time, Internal Audit outsourcing works as the ideal solution for everyone. Whether your project is for an annual audit, new business activity, or fiscal year-end books, Co-Sourcing is often a lifesaver.

Access highly specialized knowledge: You may not have the budget to hire an audit professional who can spend the necessary time on regulations, laws and rules that could affect your results. Your auditing company Internal audit has several specialist audit specialists with specific and essential knowledge.

Enjoy the flexibility: Some audit roles and cycles demand more from your audit team. internal audit than others. When you have a professional auditing firm on your contact list, you can seek out temporary expert assistance when you need more hands on deck, or save money while keeping the in-house work for the lighter projects.

Gain independent and objective insights: It's easy for a team of Internal audit become complacent in their tasks due to familiarity with the work product. Bringing in an outside contractor gives you a fresh set of eyes, a clearer perspective, and the expertise to make recommendations when you notice inconsistencies and other issues.

Dig in Risk Assessment Components: As this task is usually performed at higher executive levels, an external internal audit with experience in risk assessment can investigate financial, operational and industrial risks outside your organization to help determine how they may affect your business, audit information at hand.

Get in touch with TATICCA, which works with integrated auditing services, internal audit, accounting, tax, corporate finance, financial advisory, risk advisory, technology, business consulting and training, for more information, visit www.taticca.com.br or e-mail taticca@taticca.com.br and learn more. Our company has certified methodologies for carrying out activities.

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