Internal Audit & Control

Internal Audit Outsourcing

Baker Tilly offers comprehensive internal audit outsourcing services, allowing organizations to benefit from our expertise without the need for an in-house audit team. Our approach combines a deep understanding of industry-specific challenges with best practices in internal auditing. We ensure that your internal audit function operates effectively, providing valuable insights into your operations, identifying potential risks, and ensuring compliance with regulatory requirements. By outsourcing your internal audit needs to us, you gain access to a team of experts dedicated to enhancing your organizational performance and governance.

Risk Mapping

Understanding and managing risks is essential for the sustained success of any organization. At Baker Tilly, we specialize in risk mapping, a process that involves the identification, assessment, and prioritization of risks within your organization. We work closely with you to develop a detailed risk cartography that highlights potential threats to your operations and finances. This mapping process provides a clear picture of your risk landscape, enabling you to make informed decisions and implement strategies to mitigate these risks effectively.

Internal Audit Design and Implementation

Designing and implementing an effective internal audit framework is crucial for maintaining control and ensuring that your organization runs smoothly. Our team at Baker Tilly assists in creating tailored internal audit processes that align with your specific operational and financial needs. We focus on establishing robust audit procedures that are not only compliant with industry standards but also adaptable to the unique challenges of your business. Once designed, we help implement these processes, ensuring that they are seamlessly integrated into your organization’s operations, providing ongoing monitoring and control.

Drafting Procedures

Clear and well-defined procedures are the backbone of any successful risk management strategy. Baker Tilly supports organizations in drafting comprehensive procedures that govern operational and financial processes. Our team works closely with you to document procedures that are practical, enforceable, and tailored to your specific organizational context. These procedures serve as a guide for your team, ensuring consistency in operations, reducing risks, and improving overall efficiency. By establishing strong procedural documentation, we help safeguard your organization against potential disruptions and enhance your internal controls.