Risk, Internal Audit & Controls
Internal audit, controls and assurance support that strengthen governance without overlapping the statutory auditor.
1Service proposition
Boards and CFOs need independent assurance that risks are understood and controls actually work. TAG delivers risk-based internal audit, controls design and testing, and forensic reviews — building practical frameworks that improve operations, not just tick boxes. Our scope is explicitly non-statutory.
2Business situations that trigger the need
- The board or audit committee wants independent assurance over key risks
- Internal financial controls (IFC/ICFR) need design or testing
- A process is leaking value, margin or cash
- Fraud indicators or a specific incident need investigation
- ERP or automated controls need review
- Vendor, inventory or fixed-asset integrity is in question
3Who this service is for
- Audit committees and boards
- CFOs and finance leaders
- Promoters seeking assurance over operations
- Groups standardising controls across entities
4Detailed scope of assistance
Internal audit
- Risk-based internal audit
- Operational and process reviews
- Remediation monitoring
Controls
- Internal Financial Controls (IFC)
- ICFR and SOX advisory
- Risk-control matrices
- Control design and testing
- SOPs, process manuals and delegation-of-authority frameworks
Enterprise risk
- Enterprise risk management
- Regulatory compliance reviews
- IT general controls and ERP/automated controls
Forensic & verification
- Fraud-risk assessment
- Forensic and special-purpose reviews
- Inventory and fixed-asset verification
- Payables and transaction verification
- Third-party and vendor-risk reviews
5Engagement approach & phases
Plan
Build a risk-based audit plan aligned to the board's priorities.
Test
Assess design and operating effectiveness of controls and processes.
Report
Deliver clear, prioritised findings with practical recommendations.
Remediate
Track remediation and re-test to confirm risks are closed.
6Typical deliverables
7Relevant industries
8Selected experience & credentials
Selected clients
9Connected services
Discuss Risk, Internal Audit & Controls with our team
Tell us your situation and we'll map the right scope, team and approach for your business.