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

The Hardware Failure That Took Down The Tokyo Stock Exchange

On October 1, the Tokyo Stock Exchange (TSE) was halted for a complete day due to an issue IT professionals tend to overlook, a piece of hardware. A crucial

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The FFIEC’s Take on Addressing Pandemic Planning within Business Continuity Processes

The last time the Federal Financial Institutions Examination Council (FFIEC) issued guidance to financial institutions regarding pandemic planning was

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2020 Title IX Updates

In 2011, the Obama administration released guidance, known as the “Dear Colleague Letter,” on Title IX regulations in order to reinforce the

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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