If you are planning to Outsourced Internal Audits Dubai, HLB HAMT has a multi-skilled team of auditors who provide best internal audit services in UAE.
2. Internal auditing requires a diverse set of abilities in order to be efficient and thorough.
Companies outsource internal audits in Dubai to third-party internal audit service
providers in order to meet their specific requirements. HLB HAMT has a multi-skilled
team of auditors who provide best internal audit services in UAE, under the direction of
the Audit Manager and Director, cover all aspects of the business in accordance with
the approved audit plan.
Internal audit, as a third line of defence in an organization’s governance and
operations, can play a critical role in assisting organizations in achieving their strategic
objectives in a complex and rapidly changing business environment. Organizations that
effectively employ internal audits are well-positioned to identify developing business
risks and operational inefficiencies, implement corrective actions, and enhance business
processes on a continuous basis.
3. BENEFITS OF OUTSOURCING INTERNAL
AUDIT IN DUBAI
Let’s look at the benefits of outsourcing internal audit service in Dubai;
Compliance with set standards
An independent internal auditor conducts a thorough
study of a company’s organizational and administrative
processes on behalf of their clients. Internal auditing
firms in UAE are well-versed in and aware of the rules
and directives prevailing in the country.
Developing Benchmarks
An independent auditor in Dubai can assist in the
creation of benchmarks that will aid management and
employees in the advancement of their company’s
operations. By maintaining and adhering to established
procedures, the benchmarks provide consistent
execution across the company and helps in revenue
growth.
4. Costs and Time are reduced
Outsourcing allows organizations to cut expenses while
allowing staff to focus on their core strengths
Unbiased Appraisal
An unbiased appraisal related to the company’s
industry of operation is provided by an independent
internal audit review. This unbiased assessment
enables new ideas to be presented in order to increase
operational performance, strengthen internal controls,
and reduce risk.
5. Ability to assist businesses with specific issues
Outsourcing internal audit function helps in providing
a better understanding of both industry-specific and
general concerns. Independent internal auditors have
an advantage in analyzing and addressing concerns
since they have worked for a variety of firms.
Adds Value and Accountability
Internal auditing adds value to governing bodies and
senior management as an impartial source of
independent counsel because of its dedication to
integrity and accountability.
6. Examines Risk Management process
Internal audits helps in identifying major risks and
making recommendations for risk mitigation or
transfer. They assess the organization’s risk
management systems and ensure that they are
operating properly.
7. CONTACT US
HLB HAMT
Level 18, City Tower-2,
Sheikh Zayed Road
PO Box 32665
Dubai – United Arab Emirates.
Tel: +971 4 327 7775
E-mail: dubai@hlbhamt.com