We bring the required skills, experience, acumen and capacity to clients’ internal audit functions, thereby adding value. Internal audit is a core resource in the governance process, and we draw on our firm-wide specialist skills to bring a comprehensive solution to our clients, as well as providing independent assurance on critical business processes.
Full outsourcing includes the performance of all internal audit activities – including risk assessment, audit planning and execution, performance information audits, communication/ reporting – on a recurring basis. The client may have or may choose not to have a Chief Audit Executive.
Co-sourcing is when we assist the client’s in-house internal audit function in the execution of internal audit plans, due to a shortage of capacity or expertise in certain areas. Quality Assessment Reviews: in our quality assessment process, ORCA performs a comprehensive review of the overall effectiveness of a client’s internal audit function.