Internal auditing is an independent and objective evaluation process performed to improve an organization's operations and manage risks. It is necessary to increase the efficiency of business processes, ensure legal compliance and minimize fraud risks.

While internal auditing focuses on improving internal processes, an independent audit is an external review that checks the accuracy of a company's financial statements. While internal auditing is a continuous, in-house activity, an independent audit is usually performed by external auditors on an annual basis.

Internal auditing covers the following areas:

• Review of financial processes
• Operational efficiency analysis
• Risk management and internal control systems assessment
• Compliance audits
• IT and cybersecurity assessments

In some industries, internal auditing may be a legal requirement (for example, for banking, insurance, and public companies), but many private companies and institutions voluntarily implement internal auditing to strengthen risk management and corporate governance processes.

Audit results are shared in a detailed report submitted to the relevant managers or the board of directors. The report includes detailed information on identified deficiencies, risks, and suggestions for improvement.

Our consulting services include:

• Establishing and developing internal control systems
• Creating risk management strategies
• Auditing regulatory compliance processes
• Operational efficiency analysis

Our auditing and consulting services cover a wide range of sectors, including the public and private sectors. We have experience in various sectors such as finance, healthcare, manufacturing, technology, energy, construction and trade.

The cost of auditing and consulting services varies depending on the size of the company, scope and services needed. You can contact us to get a detailed quote.

Thanks to internal auditing:

• Efficiency and productivity in business processes are increased.
• Fraud and error risks are minimized.
• Compliance with legal and regulatory requirements is ensured.
• Corporate governance and internal control systems are strengthened.
• Decision-making processes are improved.