Internal Audit

Every organisation wants to minimise risks, work more efficiently, ensure process compliance and promote additional transparency. An internal audit can act as a strategic partner in achieving this.

Contact us

Your partner in success and valuable insights

Dedicated BDO internal audit professionals help your organisation innovatively assess the effectiveness of operational functions and processes.  

We design tailor-made solutions for large and small organisations, from conducting an independent risk assessment in your organisation to reporting established facts to management, board of directors and other stakeholders. We not only identify problems, but also work with your organisation’s management to address challenges and put in place the most effective control system. Providing added value is central to our approach. In our services, pragmatism, flexibility and tailor-made solutions for our clients are high on the agenda. 

Regardless of your industry - whether an internal audit department already exists - BDO will create a framework individually tailored to your company's needs. We believe in a hands-on approach, with our partners closely involved in the assignments we carry out. In addition to our local resources, we also have a global network of professionals in more than 160 countries around the world. That way, we can guide and advise you anywhere in the world. 

How BDO can help

Our certified BDO experts, both domestically and abroad, are ready to apply their specific expertise, experience and tooling to proactively guide you in line with international standards and recognised methodologies.

We work with an international network of professionals, so we can assist you anywhere.

Discover a cooperation model tailored to your demand, through pragmatic and practically applicable solutions tailored to your organisation and through direct and transparent communication.

Our methodology is subject to internal and external quality assurance.

Our Internal Audit services

BDO can support you in: 
  • Setting up, expanding and optimising your internal audit function tailored to your organisation's needs 
  • Employing experts within a wide range of disciplines such as IT audit, cybersecurity, ESG, data privacy, fraud, etc. 
  • Seeking optimal integration with risk management and other (internal) functions 
  • Setting up a collaboration model, from full outsourcing over co-sourcing to ad hoc increased capacity (or a path with a combination of these options) tailored to your organisation
  • Training your internal audit team members and sharing good practices. 
We ensure independent conduct of a Quality Assurance Review (QAR/EQA) to evaluate compliance with the IPPF standards promulgated by the Institute of Internal Auditors (IIA). To complement these services, you can also count on us for: 
  • Identifying opportunities and recommendations to improve your current control framework 
  • Acting as a sounding board to the CAE and IA staff in order to change the position of the IA department within your organisation and increase performance and internal service delivery 
  • Plotting together a path towards your organisation's desired maturity, including detailed steps to achieve this maturity. 
  • We strive for optimal integration between internal audit and risk management in order to make the best use of scarce resources.
 
Want to dive deeper in the foundations of risk management?
Discover our Risk Blueprint video series
BDO supports you in designing, implementing and documenting your internal control system: 
  • Analysing any deficiencies in your internal control system and drawing up an action plan to address these gaps 
  • Drawing out and documenting your procedures/processes using detailed process descriptions, flow diagrams and RACI matrices.
The implementation of the Sarbanes-Oxley Act has profoundly changed the financial reporting landscape. Since this legislation, BDO supports its clients with innovative ways to create value without sacrificing compliance. 
  • We provide integrated SOX audits of financial reporting documents and financial statements
  • We relieve companies by providing management testing support for the internal control framework 
  • We optimise the internal control framework and aim for a compact and agile structure that addresses key risks, but is also practical to implement within your organisation and does not create unnecessary workload. 

Publications

Take a look at our Internal Audit insights

Get in touch with our Internal Audit experts

No matter the challenge or curiosity, we're here to support your business journey. 
Send us your questions, and our experts will provide the answers you need.