The Importance of Internal Audit
Protecting Your Investment & Safeguarding Assets
As the investor, you likely acquired the business to either fuel it's growth or enhance it's profitability, or both. While focusing all your attention on meeting objectives, you don't have time to worry about internal controls but a broken system can impact your future growth and profitability. But what measures are you taking to protect your investment and safeguard your assets? Vonya Global is ready to help by assessing how well management identifies and mitigates risk, evaluating management effectiveness, and alerting you when business objecties are at risk.
Why have an internal audit function? As described by the Institute of Internal Auditors, an effective internal audit function outsourced to Vonya Global will provide you with objective assurance and insight on the effectiveness and efficiency of governance, risk management, and internal control processes.*
ASSURANCE = Governance, Risk & ControlInternal auditing provides assurance on the organization’s governance, risk management, and control processes to help the organization achieve its strategic, operational, financial and compliance objectives. |
INSIGHT = Catalyst, Analyses, & AssessmentsInternal auditing is a catalyst for improving an organization’s effectiveness and efficiency by providing insight and recommendations based on analyses and assessments of data and business process. |
OBJECTIVITY = Integrity, Accountability, & IndependenceWith commitment to integrity and accountability, internal auditing provides value to governing bodies and senior management as an objective source of independent advice. |
