Internal audit
Internal audit
Internal audit is an independent and objective activity that supports an organization in assessing and improving its risk management, internal control and governance processes. A well-designed internal audit function helps identify key risks, assess the effectiveness of control mechanisms, and recommend solutions that enhance the security, efficiency and overall effectiveness of operations.
PGA Advisory provides comprehensive internal audit services to companies, corporate groups, public sector entities and SMEs. We perform our work in accordance with the IIA Global Internal Audit Standards, tailoring the scope and audit methodology to the specific nature of each organization and to the expectations of the Management Board and Audit Committee.
Internal Audit in accordance with the IIA Standards
We provide our services in accordance with the IIA Global Internal Audit Standards, which set out the principles for the organization of the Internal Audit function, independence, planning, execution of audit engagements, reporting and quality assurance.
A risk-based approach enables internal audit activities to focus on the areas that may have the greatest impact on the achievement of the organization’s objectives.
How can we help you?
Organization and optimization of the Internal Audit function
We establish and improve Internal Audit functions so that they effectively support the achievement of organizational objectives and provide management with useful and relevant information.
Risk analysis and development of the audit risk map
We help identify and assess key risks and develop risk maps that support the proper prioritization of Internal Audit activities.
Development of annual and multi-year Internal Audit plans
We prepare risk-based audit plans tailored to the organization’s business profile, key challenges and specific needs.
Performance of process, thematic and specialized audits
We assess business processes, control mechanisms and risk management practices, identifying opportunities to improve efficiency, compliance and operational security.
Outsourcing of the Internal Audit function
We provide comprehensive outsourcing of the Internal Audit function or strengthen existing audit teams with additional expertise, experience and resources.
Quality and compliance assessment of the Internal Audit function against the IIA Global Internal Audit Standards
We assess the organization and operation of the Internal Audit function and identify areas requiring adjustment, enhancement or further development.
Monitoring of audit recommendations and follow-up activities
We monitor the implementation of audit recommendations and assess the effectiveness of corrective actions taken by the organization.
Advisory services in risk management, internal control and governance
We support organizations in improving risk management, internal control systems, and governance, oversight and accountability mechanisms.
When is it worth conducting an internal audit?
Internal audit is particularly valuable in situations involving:
- rapid organizational growth,
- ownership or organizational changes,
- implementation of new systems and processes,
- expansion into new markets,
- significant investments,
- increased regulatory risk,
- the need to assess the effectiveness of internal controls,
- preparation for an Audit Committee or Supervisory Board meeting.
PGA Advisory provides comprehensive internal audit services, including outsourcing of the internal audit function, risk analysis, preparation of audit plans, and quality assessments in accordance with the IIA Global Internal Audit Standards.
Contact our specialist directly
Żaneta Radowska
Internal Audit Manager,
Lead Auditor
- zradowska@pga-audyt.pl
- +48 537 927 733