Internal audit outsourcing and co-sourcing
As the business work changes continuously and the competition is becoming fierce, the internal audit must produce the best effect. While maintaining the independence and providing the valuable opinions, the internal audit shall provide support to the companies in realizing the overall business target.
Internal audit creates more values to the company in the following aspects,
It provides objective analysis, evaluation, suggestion, opinions and information about the quality of the internal control to the management;
It helps to understand the process of the principal business activities and keep improving the business operation;
It helps the board of directors to perform the obligations in the internal control effectively;
In order to increase the value of internal audit, many companies have chosen to outsource all or part of the internal audit to the third party. The experienced internal audit experts from Transventure would share their knowledge and understanding with customers, helping them the obtain the maximum benefits from the outsourcing of internal audit or collaboration in the internal audit.