Internal Audit

Cost-effective solutions to meet your internal audit needs.

Cost-effective solutions to meet your internal audit needs.

The scrutiny being placed on internal controls is higher than ever, but you need to remain focused on your core competencies to fulfill your company’s mission. Dopkins & Company offers internal audit services to help you and your management team, board of directors, and other stakeholders have the oversight needed to feel confident in your company’s key processes, business risks and financial reports.

Customized Solutions Based on Decades of Experience

Creating an effective internal audit function requires employing professionals with diverse knowledge and skills. Whether you choose to maintain this expertise internally or through an outsourced resource like Dopkins, it’s vital to understand both internal and external risk factors. We staff highly trained professionals and possess the methodologies and technology to provide quality internal audit services for your company. So you can benefit from a high quality internal audit service without investing in people, training, and technology unrelated to your core business processes.

Uncover and Remedy Intentional and Unintentional Errors

By reviewing and documenting your company’s internal controls, and testing your company’s policy and procedures, we are able to look for both intentional and unintentional errors and provide recommendations to correct the problems. Our team will help you to better protect your assets, prevent loss, ensure compliance with regulatory bodies, maintain internal controls, and prevent fraud. We will use our experience dealing with diverse companies to help you:

  • Better manage risks and control costs;
  • Understand what is currently being done to manage risks and provide recommendations, if necessary, to improve processes;
  • Leverage in-house resources more effectively;
  • Identify emerging risks earlier; and
  • Provide better quality information to management, board of directors, and other interested parties for better governance.

An additional benefit to creating an effective internal audit function is that is makes your annual external audit more time efficient and cost effective. Having the internal audit processes in place and information at hand streamlines the external audit function and saves your external auditors time—which saves you money!

Both public and non-publicly owned companies are finding value in the use of an internal control framework such as COSO framework to assess their internal control environments. Our knowledge and experience with COSO framework can assist your organization in finding the right fit.

For more information, please contact Jay McWatters