Audits

Cubes - 157 - AUDIT

ABIUD Solutions offers Audits according to ISO 19011:2011 – guidance on auditing management systems. ISO 19011:2011 is applicable to all organizations that need to conduct internal or external audits of management systems or manage an audit programme.

Why choose us – Difference from Internal auditor

Internal auditors who are members of a professional organization would be subject to the same code of ethics and professional code of conduct as applicable to external auditors, however they differ primarily in the relationship to the entity they audit. Internal auditors, though generally independent of the activities they audit, are part of the organization they audit and report to management. Typically, internal auditors are employees of the entity, though in some cases the function may be outsourced. The internal auditor’s primary responsibility is appraising an entity’s risk management strategy and practices, management (including IT) control frameworks and governance processes. They are also responsible for the internal control procedures of an organization and the prevention of fraud.

An External Auditor (independent competent person) is characterized by reliance on a number of principles (confidentiality, integrity, independence, fair presentation, due professional care). These principles should help to make the audit an effective and reliable tool in support of management policies and controls, by providing information on which an organization can act in order to improve its performance and comply with Laws and Regulations and ISO Standards.