The Vian Outsourced Accounting Services Internal Audit Service provides independent advice, suggestions and recommendations that are based on the quality and functioning of the internal control systems. The internal audit service carries out audits annually in the different departments of the commission.
The service makes suggestions and recommendations to the departments that have the scope of improving management processes for risks, controls and governance. In addition, it promotes a culture of effective management in the commission departments. The service helps audit various agencies and bodies that receive funding from their respective budget.
What is the role of internal audit?
The role of internal audit is to offer an independent assurance to ensure that the organisation's risk management, governance as well as internal control processes are operating efficiently and effectively.
To be efficient and effective, the internal audit activity must be conducted by qualified, skilled, and experienced people. Employers have a great value for us because we provide an independent, objective and constructive view. We talk to executives at a very top-level of the organisation about complex, strategic issues, which can be one of the most challenging and rewarding parts of their role.
What are the plans and reports?
Commission work programme i.e. an overview of institution-wide deliverables for current year
Strategic plan with objectives
Management planning such as department forecasted outputs, activities and resources for current year
Annual activity report of department achievements and resources used during previous year
Annual report that summarises the results of IAS audits, suggestions and actions taken
The Internal Audit Service is an integral part of the internal audit system, which provides independent, objective assurance as well as consulting services. We, at Vian Outsourced Accounting Services, offer the outsourcing of internal audit service to the clients based in UK, US, Ireland and India.