For a long time, the internal audit functions were performed by the company’s full-time specialists. Today, control within the organization is not limited to the assessment of operating activities, but requires the involvement of specialists in financial forecasting, risk management, and the protection of assets and business information. The maintenance and motivation of staff is a costly task, so companies outsource their internal audit. Services of risk assessment, implementation of an internal control system are offered by UCMS Group.
We serve clients in Kyiv, in other cities of Ukraine, in foreign countries. Specialists have the industry and technical expertise required to operate effectively.
The global tasks of internal corporate audits are assessing risks, finding ways to reduce them, and increasing the profitability of business processes. Management initiates similar activities on the eve of external audits to detect corporate fraud, assess the reliability of contractors, and verify the accuracy of financial and accounting reports.
Effective internal controls give business owners and senior management the confidence to achieve their goals in the best possible way. Practice shows that the control organized by the company’s forces has a formal character, does not cover key processes, and is perceived by the personnel as an additional burden.
For the business to really develop, be protected, it is advisable order an internal audit from an external contractor with a multidisciplinary staff.
This can be done in several formats:
The assistance of our specialists helps entrepreneurs and businessmen to adapt to changes, benefit from transformations, and competently solve possible problems.
Internal audit procedures are designed according to the risk profile. The standard package includes:
Based on the analysis of the customer’s business processes, we develop an exclusive set of services, issue a comprehensive conclusion based on the results of analytical work.
The cost of an internal audit depends on the volume, complexity of the outsourced processes, and the time it will take to complete the work. The total amount is agreed with the customer and fixed in the contract. To get acquainted with the cost of certain types of activities, use the price list on our website.
By outsourcing internal audit, the client receives the following benefits:
The practice of our work shows that there are often both hidden reserves for optimizing the tax base and unobvious risks during each audit. Contact UCMS Group to find them in your business.