INTERNAL AUDIT SERVICES

We provide Internal Audit Service by helping in establishing an effective Internal Audit Department within their organization. The objectives of this department include:

• To provide an independent appraisal function that examines the operation, performance and control of the organization.
• To assist members of the organization in the effective discharge of their duties and responsibilities
• To ensure that information generated by the accounting system is precise and reliable.
• To identify risks and initiate measures to minimize and control risks
• To ensure compliance with external and internal policies and procedures
• To ensure that acceptable standards of performance are met.
• To ensure that resources are used efficiently and economically
• To ensure that organization objectives are effectively achieved.

We at Horwath Bahrain have been successful in creating a brand name for our internal audit services by encompassing in our approach the following:

• Designing the system of Internal Audit Department
• Assisting the selection and training of internal audit staff
• Preparing the audit programs and assisting in the follow up of implementations
• Preparing and presenting training seminars and workshops for internal auditors.
• Contracting agreements with companies to provide qualified staff to conduct internal audit to such companies in accordance with established standards.