Pharma Solutions Limited
Internal Audits
An effective and smooth-running Internal Audit function is a strategic imperative for many organisations. A control function that is not delivering effectively or efficiently is a huge burden on organisations that face statutory, regulatory or governance requirements or commercial pressures to achieve business objectives.
By making recommendations to improve effectiveness and efficiency of the activities and operating procedures under management's control, the results of an Internal Audit can play a vital role in supporting your organisation to achieve its strategic objectives.
A well directed, properly resourced Internal Audit can be instrumental in creating an organisational culture which encourages continuous improvement in the management of risks. The nature of those risks is changing more quickly than ever during this challenging economic period and the role of Internal Audit enables better risk management and strengthens Corporate Governance. In addition, a good relationship between the internal and external Auditors will ensure that appropriate work has been carried out in each area of the Audit and thus Audit risk is minimised.
The Fish Partnership can provide a tailored Internal Audit service to meet your individual requirements by carrying out independent appraisals and analyses of risk control mechanisms and by making recommendations to improve effectiveness and efficiency of the activities and operating procedures under management's control. We consider value for money issues as a routine element of our Audit assignments. By working together with your external Auditors and by establishing an agreed understanding of how to
work together, we are able to provide a complete, practical and cost effective assurance service for
your organisation.
We will compile a risk-based annual plan and carry out internal appraisals of the adequacy of the systems of internal control and the efficiency and effectiveness of all your operations and make recommendations for improvements as necessary designed to add value to your business.
