The role of internal audit is essential in the process of assurance and control of risks that may affect the achievement of the strategic objectives of companies.

Whether in government institutions, non-profit organizations, public and private companies, everyone must always identify and treat risk areas before a failure occurs in the organization, and you avoid wasting time to detect and minimize the damage.

How to achieve this? Through comprehensive internal audit services, including:

• Process audit:
  Evaluate internal controls of business processes, review fraud risks and risk management consulting, conduct audits and learn lessons learned

• Information systems audit:
  Perform system audits, review applications before and after the implementation of new computer systems, perform general controls on databases, networks and infrastructure.

• Outsourcing and collaboration with the corporation’s internal audit (co-sourcing):
  Full outsourcing includes performing all internal audit activities such as: risk assessment, audit plan determination, program execution, reporting of results and performance monitoring, and more.

• Risk assessment:
  We help our clients prepare the annual internal audit plan, using a risk-based methodology that streamlines the auditor’s work and redirects resources to critical issues that add value to the organization.

Forensic Audit

Despite the use of internal audit to review and evaluate the quality and effectiveness of controls in the system, investigative audit or forensic audit services are sometimes needed.

This concept is used to describe financial and accounting investigations aimed at obtaining evidence of possible fraud or processes that could expose risks and have an economic impact on an organization.

The forensic audit provides support to the management and the board of directors of the organization, in decision-making and in the improvement of the control environment. It also allows supporting objective evidence in case of legal proceedings or litigation in which the corporation has a participation.

In summary, forensic audit is a type of audit, referring to a real case, in which there is a substantial financial loss and it is required to identify and identify the causes or causes of that loss, quantify it, gather evidence of criminality or negligence. The auditor acts as an intermediary and expert.

When conducting a forensic audit project, all the experience gained by the auditor should be used to conduct investigations and perform accounting work. The auditor must have skills, knowledge and skills related to auditing, risk assessment