A market-leading approach providing assurance on your governance, risk management and internal controls.DOWNLOAD THE BROCHURE >>
Operating environments are increasingly complex due to everchanging operating models, regulatory changes and acceleration in technology developments. The need for internal risk-based audit services has never been greater or harder to provide, especially from internal resources. It is just not feasible to give the level of assurance required with limited internal resources, especially for niche, sensitive or emerging risk areas or activities. Xcina Consulting works with organisations to overcome these challenges.
Our outsourced internal audit services provide assurance on your governance and oversight arrangements, as well as your risk management and internal control activities. We identify key areas for improvement within your organisation, empowering management to confidently execute their plans. We focus on critical areas including:
We support your organisation in the following areas:
We assist internal audit teams to better align with market best practices, professional requirements – including from professional bodies such as the Chartered Institute of Internal Auditors (CIIA) – and internal stakeholder requirements.
A turn-key service, we take on the responsibility of running your internal audit function. This includes audit planning, liaison with management, the audit committee and the board, as well as execution and follow-up on audit finding remediation.
We address technical expertise and the capacity or independence challenges of internal audit functions, by operating as an extension of their team. This provides a cost-effective solution to align needs without compromising on quality.
We undertake independent reviews of internal audit operations to assess compliance with professional requirements, such as The International Standards for the Professional Practice of Internal Auditing (Standards) issued by the CIIA, and internal stakeholder requirements. Our reports are critical inputs for planned transformations.
We assist internal audit teams to improve the effectiveness of the function by providing training in general risk-based audit methodologies, and in specialist technical areas in operations, regulations and technology. This is tailored to the team’s requirements and can be done as one-off or as a series of longer team activities.
Xcina Consulting will work with you to achieve:
We selected Xcina as our co-sourcing resource because they promised do provide a bespoke service to meet our needs and we were impressed with the level of skill and professionalism in their presentation. The contract is running for over a year and we are very satisfied with the results.
Richard K Hodges, Head of Internal Audit, National Bank of Egypt (UK) Limited
Read how our risk management consulting, auditing and assurance services are helping organisations like yours meet their objectives with increased confidence.
News & Blog / Dec 2018
The Financial Reporting Council (FRC) Revised UK Corporate Governance CodeRead more >>
Receive regular updates from our expert consultants as they provide clarification and guidance on issues impacting your organisation.Subscribe >>