Internal Audit Services in Pakistan

Internal Audit

Our internal audit services help to reduce errors and fraud by ensuring the segregation of duties, controls, processes and security strategies. Our work will help to identify and/or mitigate any potential issues or risks while providing insight into steps which can be implemented to improve performance and accomplish your goals. Protiviti is a global leader in internal audit solutions and one of its key features is that it is not an audit/accounting firm. Increasing demand for internal audit functions to take broader and more strategic roles within organizations makes evident the high profile that internal audit has with executives and boards today. There is never an independence issue in the work Protiviti does for clients and therefore Protiviti is able to utilize all of the resources on hand to work on internal audit project—allowing the best experts in various functional and process areas to be brought on for specific engagements. As a result of this increased profile, internal audit departments and leaders are searching for ways to broaden their skill sets and scope of influences. Today’s leading internal audit functions ensure their organizations becomes more innovative and explore new technologies, identify and mitigate emerging risks, develop creative solutions to complex business challenges and encourage best practices to enhance business functions. We not only identify issues, but we work with management to address challenges and put the appropriate controls in place. Although in the evaluation process, lack of expertise and certain biases become hindrances which lead to Professional Accounting Services (paservices). Internal Audit Services in Pakistan we work with your organization to evaluate, assure and in many cases improve systems, processes and information flow which is fundamentally essential to short and long-term success.

External Audit

External audit in the Pakistan is extremely important for business management. Professional Accounting Services (paservices) and large businesses seek external auditors in the Pakistan to estimate the competency of the management team and make sure their investments are secure. External audit detects any fraudulent practices in the business. External audit in the Pakistanis carried out for statutory purposes that stay in compliance with the prevailing laws.As well as delivering audit services to owner managed businesses, we act as the lead auditor for several international clients, managing the global audit process.Our public sector and not for profit audit team is experienced in audits for social housing providers, higher education institutions and charities. The team has a thorough understanding of the Professional Accounting Services (paservices) for each sector, providing support, advice and training on technical accounting matters.However businesses expect more from their auditors than the statutory audit and look for a value added service. The process usually begins by analyzing the accounting records and calculating their accuracy. The auditor’s interpretation is compared with the financial statements to determine the accurate status of business finances. We prepare documents in accordance with the appropriate reporting framework. Our recommendations allow clients to make practical decisions leading to improvement in operations and thereby reduce inefficiencies.

Outsourcing & Consulting Services

Outsourcing to our internal audit services allows you to gain new insights into the risks your organization faces and the controls you need to manage those risks when our industry-experienced internal auditors complete a risk-based internal audit plan.Professional Accounting Services (paservices) Internal Audit Services professionals have extensive internal audit experience, delivering services to our firms’ clients as well as industry experience gained prior to joining Professional Accounting Services (paservices). Discuss controls with your process owners, test for compliance with established controls, and provide real-world examples and industry best practices tailored to your organization. In addition, we supplement our experienced internal auditors with subject matter professionals in areas such as IT, forensic, treasury, operations risk management, financial instruments, procurement, shared services, third-party contracting, tax and many others.A strong internal audit function can help you uncover if your employees are taking shortcuts or not following procedures. Best Internal Audit Services Leverage Professional Accounting Services (paservices) firms’ infrastructure With the costs of developing and maintaining an IA capability shifted to Professional Accounting Services (paservices), your capital and resources are freed for other purposes.

Digital internal audit

Technological advances and trends in advanced analytics, robotic process automation, and cognitive intelligence are rapidly reshaping business models, improving productivity, and enabling innovation in the way organizations operate and conduct business. We help IA departments assess and understand the new opportunities associated with these technologies so they remain proactive in advising senior management on preventing and detecting new and emerging risks.

Our Services

  • Internal Audit Outsourcing
  • Internal Audit Co-Sourcing
  • Process and Internal Controls Consulting
  • Audit Committee Advisory
  • Continuous Audit Monitoring
  • Internal Audit Partnering
  • Quality Assurance Review
  • Retail audits
  • Distributor audits
  • Small and medium enterprises controls assurance

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