HW Controls & Assurance LLP

Internal Audit's emergence as an integral part of the control process has been accelerated by a number of high profile financial scandals which have resulted from fundamental weaknesses in the internal control environment. In the Public Sector, the subject of Corporate Governance has been a dominant theme for a number of years and is now closely aligned to risk management and the delivery of controls statements as part of the annual financial reporting process.

Internal Audit has a fundamental role to play in the review of controls, both financial and otherwise, which are put in place by management to achieve objectives and thereby manage risks to which the organisation is or may become exposed. In order to make a positive contribution to achieving effective stewardship and value for money, Internal Audit must demonstrate a clear understanding of the risk profile of the organisation and deliver. . 

It is this high profile role and the fact that good internal auditors are hard to recruit and retain that has led to many organisations outsourcing their internal audit function to HWIAS, where we have the specialist knowledge and skills to provide a full range of internal audit services comprising financial, operational, IT, contracting and taxation reviews that can be blended to satisfy any organisation's internal audit needs.  

At HWIAS we have a dedicated specialist internal audit team supported by a robust risk based methodology. We focus on identifying an organisations strategic, financial, operational and legislative risks.

We also offer a health check of existing internal audit functions, provide training and are able to assist in compiling an audit needs assessment using proven risk management techniques to deliver a focused, prioritised and tailored internal audit plan to meet your organisation's needs.