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

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

our thoughts on

The Wolf, the Goat and the Kid: An Unexpected Tale of Invoice Redirection Fraud

In the 1668 La Fontaine fable "The Wolf, the Goat, and the Kid", a mother goat leaves home in search of food, warning her daughter about the

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The Privacy of Consumer Banking Data and the Financial Data Exchange

As cyber threats and global regulations continue to intensify, the privacy and protection of consumer banking data remains a high priority of the financial

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National Flood Insurance Program Extension

As I watched the pounding rain from my window for the third straight day, I could only imagine the damage this unpredictable spring weather was inflicting

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Continued Compliance with CAISO SQMD Requirements in Non-Reporting Years

Is your utility company ensuring continued compliance with the CAISO SQMD requirements during non-reporting years? With the California Independent System

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Bill S. 1564 Calls for Delay of CECL Implementation Until a Quantitative Economic Impact Study is Completed

The Financial Accounting Standards Board (FASB) issued a new expected credit loss accounting standard in June 2016. This new standard introduces the current

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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