According to the Institute of Internal Auditors Standards, “Internal Auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes.”
In performing an internal audit, RotenbergMeril works closely with management to develop an internal audit plan designed specifically for the stated objective. Our firm has been engaged as the “outsourced” internal auditor for several large internal control projects, including a human resources department project for an international health services company and a revenue and receivable process audit for a large not-for-profit organization. We have also guided smaller public companies on the Sarbanes Oxley Section 404 requirements and implementation.