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Internal auditing is becoming more and more important for every organization irrespective of their area and size. Establishing and maintaining an effective department is a daunting challenge most of them struggle with. Instead, they choose outsourcing as the solution.
Internal audit outsourcing allows the management to hire fully dedicated internal audit professionals, as they are needed, without the day-to-day managerial requirements an internal department would require.
Though internal audit outsourcing has some drawbacks, the fact that they are beneficial cannot be ignored. That is why there are so many organizations today that outsource their internal audit functions to various service providers, including off-shore destinations like India, China and Philippines.
Followig are some of the service providers for internal audit outsourcing:
- RSM
McGladrey: RSM McGladrey, Inc. is a leading national business
consulting, accounting, and tax firm that focuses on mid-sized
companies.
- Bread Miller
Company: Through our subsidiary, Financial Outsourcing Solutions
LLP (FOS), our firm offers a team of professionals dedicated to
providing internal audit and compliance services.
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