We provide organizations with an independent audit and consulting activity designed to add value and improve their operations.
Internal audit (‘IA’) has transformed from traditional compliance–based approach into risk-based approach. It has strengthened its role to support Audit Committee in the assessment of internal control system that used to manage key risks associated with business processes.
Pre-IPO internal control review provides the principal advisor an overview into the extent of internal control gaps of the organisation. A risk-based assessment is critical to pin-point control gaps that need to be closed prior to the IPO exercise.
Quality Assurance Review (‘QAR’) on internal audit function helps organisations elevate their in-house internal audit function’s capability. QAR also helps strengthen the working relationship between the IA function and operating departments.
Meet Our Directors
1. Outsourcing, Co-sourcing of Internal Audit; Key Controls Review; Data Analytics
What can your business organization expect from Tricor Axcelasia?
- Support the Audit Committee in independent controls assessment exercise.
- Taking the lead in advising corporate and operational leaders on risk-based controls improvement requirements.
- Provide insights on business control gaps for selective business processes or operating units.
- Show business managers the real messages behind various data and information.
What kind of strategic advantage and capability building can your organisation experience with Tricor Axcelasia?
- Assist organisation in channelling their resources and attention towards core business functions.
- Guidance to business managers on connecting their concerns with risks and controls thinking.
Our approach to help your organization in your areas of need.
- Applying strategic and risk mind set in assessing internal control gaps.
- Sharing of better & practical control practices for consideration.
- Highly interactive and ‘constructive challenging’ approach to push for practical controls improvement initiatives.
2. Pre-IPO Internal Controls Advisory
What can your business organization expect from Tricor Axcelasia?
- Providing independent feedback on areas that require enhancement prior to IPO exercise.
- A comprehensive report on how to fill the major internal control gaps practically.
- Working alongside with other business advisors on the IPO project.
What kind of strategic advantage and capability building can your organisation experience with Tricor Axcelasia?
- Create and raise awareness of business managers on application of risk and internal control thinking and mind set.
- Sharing of better practices in controls enhancement.
Our approach to help your organization in your areas of need.
- Clearly highlighting the priority of various observations to ease business managers in their improvement programmes.
- Provide continuous support to advise on how to effect the recommendations.
3. Quality Assurance Review (’QAR’) on Internal Audit Function
What can your business organization expect from Tricor Axcelasia?
- Independent assessment to identify improvements in running the in-house internal audit function.
- Helping the IA team to understand the strategic mind set of Audit Committee and top management, followed by alignment of IA coverage with their priorities.
- Exploring ideas with the in-house internal audit team on new ways of the IA execution.
What kind of strategic advantage and capability building can your organisation experience with Tricor Axcelasia?
- Adoption of new IA approach to gain the trust of business managers.
- Improving the collaboration between IA function and business managers.
- Upskilling of the in-house internal audit team members.
- Changing the mind set of the in-house internal auditors.
Our approach to help your organization in your areas of need.
- Personal touch by Executive Director (‘ED’) – ED working directly with your IA team.
- Apply and integrate strategic thinking into internal audit planning and execution.
