Internal Audit in UAE
Internal Audit is an independent assurance that ensures risk management, governance and internal controls processes are operating effectively. Internal Audit identifies the lacunas/ weaknesses in the processes and addresses them in a time bound manner thereby preventing any repercussion to the organization and/or its stakeholders.
Recent trends suggest that internal audit functions have been assigned strategic importance within an organization. Internal Audit function today influences the business to adopt robust and innovative technologies, develop out-of-the-box solutions for business issues leading thereby to new business models. An effective Internal Audit function should always be independent and reporting directly to the Board of Directors/ Audit Committee of Board.
Internal Audit - Why work with KPI?
At KPI, we ensure that our Internal Audit mandates are independent from all respects. Our collective experience across industries and business understanding ensures that we add value to our Client’s business. We can also conduct an independent review of your internal audit function. We work closely with Audit Committee/ Board of Directors and assist them in making informed business decisions.