On Time Audit

Helping you navigate the audit and compliance maze

Internal Audit Optimization

The success of an Internal Audit Function or the value it provides begins with how it is perceived by its stakeholders. The key driver for success relies on the positioning of the function considering the interdependencies with the culture and risk profile of the organization.

On Time Audit specializes in providing internal audit optimization and co-sourcing services using a propriety approach developed through our 20 years of practical experience leveraging best practices. Our approach complies with The International Professional Practices Framework (IPPF) and the Control Objectives for Information Technology (CobiT) Framework. We help our clients build, manage, and support a world class Internal Audit function by assessing the following elements and providing relevant recommendations based on culture, size, and business model of operation.

  • Internal Audit Positioning
  • Internal Audit Charter, Mission, and Values
  • Risk Assessment Process
  • The Audit Universe
  • Competency and Continuity of Resources
  • Audit Cycle Evaluation (Planning, Fieldwork, Reporting)
  • Measuring Success
  • Quality
  • Effective Communications with the Audit Committee
  • Establishing a Hotline
  • Training

On Time Audit also provides training on a variety of audit topics.

Please Contact Us regarding your training needs.