Outsourced Internal Audit

Increasingly, organizations have recognized that outsourcing is required to realize the full potential of the internal audit process.

The internal audit of your operational management control system should:

  • Either confirm the efficacy of risk management controls, or expose unmitigated risks;
  • Identify aspects of operational controls that do not comply with the defined criteria;
  • Identify barriers to successes within process flows;
  • Ensure the internal supply chain interfaces are operating efficiently.

Because personnel who are already occupied are usually tasked with conducting the internal audit, it is challenging for internal resources to effectively execute audits that achieve these objectives. Additionally, it is virtually impossible for internal resources to be as objective as needed for an optimal audit outcome. In a flat organization, this stems from the fact that the auditor, by definition, likely has a vested interest in one or more of the processes audited. In a hierarchical organization, audit objectivity may be impaired by the possibility of reprisal for producing negative audit results. Furthermore, internal personnel with the organizational insight that is necessary to properly assess the control systems, from a strategic perspective, are typically not available.

Internal audits conducted by Array follow the intent of ISO 19011 and are ensured to meet any requirements imposed by registration bodies.

In addition, Array’s audits provide valuable constructive criticism of your process controls, interfaces and metrics.