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

Judge Hands Down Longest Sentence to Date in College Admissions Scandal

On February 7, a federal judge in Boston issued the most severe verdict yet to a parent involved in Operation Varsity Blues, the college admissions scandal

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California Utility Crisis Could Reshape Regulatory Environment

California’s recent fire crisis has the potential to shape the regulatory and business landscape of one of the largest energy markets in America.

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Continuous Monitoring and Auditing – A Growing Automation Trend in Internal Audit

Continuous monitoring and auditing are automated feedback tools used to monitor processes, transactions, IT systems and controls on a frequent or continuous

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Six Tips for Writing Effective Internal Audit Reports

You’ve successfully planned and executed your audit. Now, it’s time to communicate your findings to the client, board, or committee. Here are

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FinTech and the Risk of Convenience

Financial Technology (FinTech) companies strive to work with financial institutions and consumers to provide the ability to conveniently access financial

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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