Internal Audit Sourcing

Expertise and Technology for Specific Needs

Many organizations find it cost-prohibitive to staff an internal audit function and/or maintain the various necessary skills required to meet the challenges facing internal audit and the business. Specific considerations that contribute to the decision to outsource or co-source internal audit include:

  • Geographic dispersion
  • Business environment complexity
  • Complex information systems
  • Increasing competition for internal audit resources
  • Regulatory demands
  • Rapid growth
  • Stakeholder expectations

Schneider Downs is positioned to provide internal audit support, from staff augmentation to full outsourcing. We work closely with internal audit functions, management and Audit Committees to achieve the scope of coverage organizations require. In a co-sourcing arrangement, we partner with your professionals to fill problematic gaps in your internal audit function, in order to mitigate exposure to crucial areas requiring attention beyond your reach.

case studies

 
Ransomware attack halted a global manufacturer's operations.
big problem:
Ransomware attack halted a global manufacturer's operations.
big thinking:
Recover and secure the system – fast – save $1 million in ransom.
 
High tax burden for family-owned franchisor.
big problem:
High tax burden for family-owned franchisor.
big thinking:
Comprehensive planning for a 15% tax reduction.

our thoughts on

Successfully Transitioning Significant Processes During Business Succession

When preparing to exit their business, many owners will need to hand off the tasks for which they have always been responsible. It comes with the territory

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Fraud Risk Assessments – What your Organization Should Consider

Fraud. The dreaded word no organization wants to hear. Or do you? I would say it’s one word you do want to hear – and talk about – well

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Prop 24 passes in California What is it? What does it mean for privacy?

The United States election of November 3, 2020 featured a big win for consumer privacy. 56% of California residents approved Proposition 24 by voting “Yes”

read more >

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contact us

Map of Pittsburgh Office
Pittsburgh

One PPG Place, Suite 1700
Pittsburgh, PA 15222

contactsd@schneiderdowns.com
p:412.261.3644     f:412.261.4876

Map of Columbus Office
Columbus

65 East State Street, Suite 2000
Columbus, OH 43215

contactsd@schneiderdowns.com
p:614.621.4060     f:614.621.4062

Map of Washington Office
Washington, D.C.

1660 International Drive, Suite 600
McLean, VA 22102