Internal audit and control review
Protect your assets and tighten how the business runs.
Internal audit is about protecting the business from the inside, making sure assets are safeguarded, controls work the way they are meant to, and the organisation is operating efficiently and in compliance with its own policies and external rules.
We review how your controls are designed and whether they actually operate, test compliance, and report to management on what we find. Done regularly, this catches problems early, deters fraud and leakage, and steadily improves how the business is run.
At a glance
- Service area
- Assurance
- Best for
- Growing businesses formalising their controls
- Delivered by
- DigitGlance with Ade Fajemisin & Associates
- How we work
- We agree a review plan and cycle (often quarterly) with management, test against it, and report consistently so recommendations are tracked to closure rather than raised once and forgotten.
What is included
The scope of the engagement.
Safeguarding assets
Review of how cash, inventory, and other assets are protected from loss, theft, and misuse.
Control design and review
Assessment of whether controls are well designed and whether they operate effectively in practice.
Compliance checks
Testing of compliance with internal policies and applicable external requirements.
Management reporting
Clear findings and prioritised recommendations reported to management and, where relevant, the board.
Quarterly review support
Regular review cycles so issues are caught early and tracked through to resolution.
Operational control improvement
Practical recommendations that make day-to-day processes tighter and more efficient.
Who this is for
- Growing businesses formalising their controls
- Owners worried about cash leakage, stock loss, or fraud risk
- Boards that want regular, independent assurance over operations
- Organisations preparing for external audit or investment
Problems it solves
- Weak or untested controls that leave the business exposed
- Cash, stock, or asset leakage that is hard to detect
- Policies that exist on paper but are not followed
- No regular independent check on how the business operates
Questions
Internal audit FAQ
How is internal audit different from statutory audit?+
Statutory audit gives an independent opinion on your financial statements for outside stakeholders. Internal audit works for management, reviewing controls and operations on an ongoing basis to protect the business.
Do we need internal audit if we already get a statutory audit?+
Often yes. The statutory audit happens once a year and focuses on the financial statements. Internal audit looks continuously at controls and operations across the year.
How often should reviews happen?+
It depends on size and risk. Many businesses run quarterly cycles; we recommend a cadence that fits your operations.
Explore more
Other professional services
Talk to us about internal audit.
Book a free consultation and we will recommend the right approach for your business.