The rise in regulatory scrutiny of both public and private companies has transformed the internal audit world, making it critical to bring in the right team of internal auditors. Whether testing corporate governance or evaluating operational initiatives, well-executed internal audits provide the confidence you need to keep your business moving.
Maintaining and retaining experienced internal audit staff is an expensive proposition for many companies. As such, outsourcing or co-sourcing the internal audit function has become a viable, cost-effective alternative. In partnering with the team from our subsidiary, MFA Cornerstone Consulting, clients are able to remain focused on their core job responsibilities thus ensuring day-to-day operations do not suffer.
The key to successfully outsourcing your internal audit function lies in selecting the right auditors. MFA’s deep experience in SOX compliance projects and external audits in a wide range of industries has given us the precise mix of specialized knowledge and experience necessary to meet the demanding and ever-evolving regulatory and business requirements of an internal audit function.
Public and private companies alike have an enormous responsibility to meet varying compliance demands. Our professionals understand how to integrate your strategy with the nuances of the regulatory environment. Beyond the basic compliance issues, our team can assess the execution efforts of management initiatives and recommend business process and IT enhancements, ensuring that company operations reflect company goals.
To learn more, download our Performance and Controls brochure.