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Internal Audit

Internal Audit has in recent years emerged as an integral part of the control process within many organisations mostly as a result of:
  • The emergence of risk management as a key theme for managers following the Turnbull report and a number of well publicised financial collapses has led to the need for and role of internal audit to be reviewed by many businesses.


  • In the Government arena, the subject of Corporate Governance has been a dominant theme for a number of years and is now closely aligned to risk management and the delivery of controls statements as part of the annual financial reporting process.

Internal Audit has a fundamental role to play in the review of controls, both financial and otherwise, which are put in place by management to achieve objectives and thereby manage risks to which the organisation is or may become exposed. In order to make a positive contribution to achieving effective stewardship and value for money, Internal Audit must demonstrate a clear understanding of the risk profile of the organisation and deliver.

It is this high profile role and the fact that good internal auditors are hard to recruit and retain that has led to many organisations outsourcing their internal audit function to Robson Taylor, where we have the specialist knowledge and skills to provide a full range of internal audit services comprising financial, operational, contracting and taxation reviews that can be blended to satisfy any organisation's internal audit needs.

At Robson Taylor we have developed a dedicated response to delivery of this specialist function using experienced internal audit staff supported by a world class risk based methodology, focused on review of strategic, financial, operational and legislative risks.

Our team can also provide a health check to an existing internal audit team, advise upon or provide training and assist in compiling an audit needs assessment to deliver a focused, prioritised and tailored internal audit plan to meet your organisation's needs.

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