Internal audit
At McMillan Woods, we
strongly believe that with the ever-changing landscape of the business
environment, the "internal audit" function can no longer retain the traditional,
transaction-based role. The need to react swiftly in today's technology-driven,
global marketplace means an organisation must be quick, flexible and receptive
to this change to enable the organisation to achieve its strategic aims and
goals. Internal Audit has the potential to be one of the most
influential and value-adding services available to the board of directors
especially for a listed entity. It is crucial in identifying opportunities,
risks and exposures that can determine success or failure of an organisation
At McMillan Wood, we can help you transform your internal audit
department by making it more risk-focussed, re-aligning the internal audit
effort with the inherent risks that may jeopardise the attainment of the
business objectives and corporate mission. Our role is to
provide our clients with a tailored strategic approach to assist our clients to
identify and understand specific operational and financial risks; to define the
level of calculated risks your organisation is willing to take on; and to
identify and focus on the opportunities available to your organisation.
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