Internal Audit and Regulatory Compliance

The business environment of today (and tomorrow) requires a new focus on compliance and operations. Internal audit departments are now expected to oversee the company’s risk management, corporate governance and business improvement processes. With limited resources and increasing risks, management is understandably concerned about how to meet all of these pressing needs.

EisnerAmper Digital professionals work with small, middle-market and large companies to serve as or supplement their existing internal audit staff. Our internal audit and regulatory compliance services increase the efficiency of active programs, bring internal audit processes and procedures up to date and in line with industry best practices, and execute risk assessments to identify internal control gaps.

Our internal audit and regulatory compliance services include:

Risk Assessment and Internal Audit Planning:

Effective risk identification and assessment help your internal audit department effectively focus its efforts by identifying and categorizing risks across the organization. This includes measuring the intensity of the issues that drive each risk factor and assessing the business' exposure to them. EisnerAmper Digital professionals bring deep expertise and an independent, objective view of risks affecting your business.

Sarbanes-Oxley 404, Model Audit Rule and J-SOX Compliance:

EisnerAmper’s approach to these engagements reflects our experience—across a broad range of industries with companies both large and small—in achieving compliance and long-term integration of best practices and prevailing standards. Our methodology is predicated on a comprehensive top-down and risk-based approach, which allows us to focus our efforts on the most critical activities and enables us to provide clients a cost-effective solution. EisnerAmper’s assessment and testing methodology constantly evolves to reflect current best practice standards and keeps pace with the existing requirements of the SEC and the PCAOB.

Enterprise Risk Management (ERM):

Shareholders and regulators are increasingly looking at executive management to implement effective risk management strategies and to boards of directors to provide oversight. EisnerAmper’s ERM solutions assist companies in creating and sustaining a resilient risk management infrastructure to help identify and monitor a company's business and market risks.

Quality Assurance Review of Internal Audit Departments:

Our team has a proven track record in providing value-added solutions tailored to specific business objectives and operational departments. We offer assurance services regarding governance, risk management and control processes as well as insightful recommendations for process improvements. We pledge (1) efficiency with recommendations based on process assessment and (2) accountability to regulators, external auditors and management as a source of independent evaluation and monitoring.

Financial and Operational Process Reviews and Transformations:

We identify compliance and operational risk, focusing on critical areas of financial reporting and recognizing existing internal control weaknesses. We deliver sound advice on building an effective infrastructure and positioning the client for long-term growth and development. We strive to provide value-added services that leverage the extensive hands-on operational and financial experience of our seasoned team of professionals.

Segregation of Duties Review:

With increasing pressure on companies to do more with less resources, segregation of duties may become overlooked.  EisnerAmper Digital professionals are equipped to review your Company’s current structure and make recommendations to achieve  internal control effectiveness through enforcing segregation of duties.  Focusing on your Company’s current resources, recommendations often result in enhancements through process streamlining promoting increased efficiency. 

Customized Consulting and Regulatory Advisory Projects:

Designed to meet the specific needs of your company, we never take a “cookie-cutter” approach.

We take the time to understand your business environment, systems and processes in order to help develop an effective internal audit and regulatory compliance program. Unlike traditional approaches that tend to be narrowly focused, we provide value-added services that leverage the extensive hands-on operational and financial experience of our seasoned team of professionals.

In addition to our professionals’ expertise, our strategic partnerships with Workiva, Blackline and UI Path give you access to the best-in-class technology solutions to streamline your internal control and compliance programs.