Internal audit services are a critical component of a growing business, helping to reduce risk across key functions and uncover opportunities to create value through better risk management. Many organizations, especially in the middle market, struggle to build or maintain a high-performing internal audit function due to challenges like talent shortages, evolving risk landscapes and rising costs. The solution? RSM’s internal audit services. These services provide the experience and flexibility to close any gaps, and help strengthen internal controls and support strategic growth.
RSM advisors specialize in upskilling your internal audit function and shifting your internal audit efforts from a reactive to a proactive approach. Our advisors work alongside the chief audit executive (CAE) to meet internal audit’s strategic objectives and help you extract increased value from that function. And we can help modernize your approach with recommendations for the tools and technology that make the most sense for your organization.
What are benefits of internal audit services?
Implementing an internal audit program can deliver significant value to your organization, including:
- Improved efficiency: Identify and resolve inefficiencies in key business processes
- Reduced risk exposure: Uncover and mitigate risks related to compliance, cybersecurity, operations and fraud
- Enhanced compliance: Ensure alignment with applicable laws, regulations and industry standards
- Increased integrity: Provide assurance that internal systems and controls are functioning as intended
- Fraud detection and deterrence: Help prevent, detect and response to fraudulent activities
- Informed decision making: Deliver actionable insights that support strategic and operational decisions
Whether you are looking for fully outsourced internal audit services, a co-sourcing arrangement or a managed services approach, our internal audit team will build solutions that make sense for your business.
Delivering value beyond compliance
At a time when the pace of change within companies has never been greater, experienced RSM advisors provide an outside-in perspective that gives your organization a competitive advantage and facilitates growth. Beyond supporting basic compliance and greater operational efficiency, our strategic perspective on internal audit translates into added value for your organization.
In every engagement, we work to understand your overall organizational strategy and then tailor an internal audit program that meets your organization’s specific needs, all while maintaining our independence. To help build consensus across your organization, our advisors will then communicate the value of internal audit to leadership, audit committees and boards of directors. And because of our deep roster of industry-aligned advisors with CAE-equivalent experience, we are often able to deliver projects that uncover unexpected value during internal audit engagements.
Whatever the state of your current internal audit function, RSM advisors add value to your organization and support your key business objectives.