Internal Audit Services

Internal Audit That Adds Value, Not Just Oversight.

What is Internal Audit?

The internal audit is the process of evaluating all business aspects of an organization, including internal controls, regulatory compliance, corporate governance, as well as accounting processes, conducted in such a way that it adds value to the entity by improving its operational efficiency.

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Our Internal Audit Services

Businesses are facing complex challenges, change, and disruption in an ever evolving and dynamic business, socioeconomic, and regulatory landscape. These challenges result in new risks and opportunities to organisations. Effectively navigating these opportunities and risks requires an internal audit function that is forward-looking, focused on innovation and continuous improvement.

MGI SRCA Internal Audit services provide you with better information for decision-making regarding the systems and processes that drive your technology, compliance, or operational efforts. Our expertise help you
identify opportunities to improve business performance. We help you analyze your business processes, control weaknesses, and recommend suitable measures to help you achieve operational efficiencies.

We have a team of dedicated qualified internal auditors, proprietary resources, and our own tools to conduct audit in a very professional way which will help you achieve your business goals. We use both conventional
and Risk based internal approach for conducting internal audit based on client’s requirement.

We provide following Services;

Outsourced internal Audit Services
Co-sourcing of internal audit
Design and implementation of intenal control framework
Development of Risk Register
Review of Internal Audit Department
Follow-up engagemen

Objectives of our Internal Audit Services

The primary objective of our internal audit service is to provide the business with the tools to help the company to improve its operational efficiency. We identify weaknesses in business processes and work with management team to strengthen it. We support the Management in maintaining accurate financial reporting and safeguarding assets.

Our Internal Audit Services assure the management that the internal controls are sufficient, working as intended, and the company is resilient enough to meet the changing requirements of the external business and regulatory environment.

In short following are broad objective of internal audit services;

Safeguarding the assets of the company.
Comply with the laws and regulations in timely manner.
Achieving efficiency and the effectiveness of all business operations.
Reducing probability of fraud.

What you can expect?

We provide following assurance to the audit committees, boards, and CEOs:

Risks are appropriately identified, classified, and managed.
The internal control mechanism is effective.
Assets are identified and safeguarded.
Regulatory requirements are complied with.
The business processes are optimized toward bringing efficiency and effectiveness.
The overall internal auditing function is responsive to changing business needs.

Why Choose MGI SRCA for Your Internal Audit Services in UAE

Local insight paired with global reach as a member of MGI Worldwide
Qualified professionals, including CA, ACCA,CPA and MBA holders with decades of expertise.
Extensive cross-industry experience.
Utilization of advanced technology for analysis and documentation.
Focus on process improvement and compliance.
Adhere to strict deadlines for the delivery of services.