Internal audit activities are required to obtain external reviews at least once every five years in order to be in compliance with IIA standards (standard 1312).
The review should be conducted by an outside independent party.
Bibi Consulting is pleased to offer such services.
Call us today for a free, no obligation high-level external review of your internal audit activity.This is not a substitute for a full external audit review,but may help you prepare for it.
What is internal audit ? Why we need it? Who needs it? To read the full article click on the link below.
More than ever before,companies need to rely on internal audit to safeguard their assets.
Bibi Consulting is a provider of a wide range of professional services including internal audit. Click here to learn how we can assist you improve the internal audit function in your organization.
The Canadian Securities Administrators (CSA) has decided not to proceed with an earlier proposal that would have required companies to obtain from their external auditors an audit opinion in respect of management’s evaluation of the effectiveness of internal controls over financial reporting.more...
Please click the link below to read a presentation prepared by Bibi Consulting about Coso's Internal Control Integrated Framework
The long-awaited COSO Enterprise Risk Management (ERM) - Integrated Framework is now available.The framework defines essential ERM components, discusses key ERM principles and concepts, suggests a common ERM language, and provides clear direction and guidance for enterprise risk management.
To read an executive summary of the framework,please click on the link below:
What does the future hold for internal audit? To read what the leaders of the profession are predicting and what we,at Bibi Consulting, think,please read the below article:
