OVERVIEW
Practical internal audit support that helps businesses assess controls, identify process gaps, and strengthen financial and operational oversight.
Internal audit support focuses on how work is performed, controlled, recorded, and reported across the business. We help define review objectives, map key workflows, identify control weaknesses, examine selected evidence, and organise findings into an actionable report. Typical reviews may cover purchasing, sales, cash handling, inventory, payroll inputs, access controls, reconciliations, or management reporting, depending on the agreed scope. The work is advisory and coordination support: it does not constitute a statutory audit, statutory auditor authorization, or an independent audit opinion. Management remains responsible for decisions, implementation, and ongoing monitoring.
BUSINESS CHALLENGES
Where this support makes a difference.
- Unclear ownership of approvals, reconciliations, and exception follow-up
- Manual records that make control testing inconsistent
- Recurring process gaps hidden by limited management reporting
WHAT IS INCLUDED
A practical, clearly defined scope.
Review planning and risk scoping
Agreed review objectives, process boundaries, key risks, control owners, evidence needs, and a practical timetable for the selected internal audit area.
Process and control walkthroughs
Documented walkthrough notes and control observations covering transaction flows, approvals, reconciliations, segregation of duties, record retention, and exception handling.
Evidence-based testing support
Selected-sample testing of agreed controls and supporting records, with exceptions clearly logged, cross-referenced, and discussed with relevant process owners.
Findings and action report
Prioritised findings report outlining root causes, risk implications, responsible owners, suggested actions, and agreed follow-up points for management consideration.
CLIENT BENEFITS
Useful outcomes to work toward.
- Clearer visibility into control gaps and process exceptions
- More consistent documentation for management review and follow-up
- A prioritised basis for assigning corrective actions and monitoring progress
HOW WE DELIVER
Clear steps. Agreed responsibilities.
Initial consultation
Tell us about your business, your question, and the outcome you need to work toward.
Business & financial assessment
Review the relevant records, current routines, requirements, and areas that need attention.
Customized service plan
Agree deliverables, responsibilities, timing, and fees before the work begins.
Ongoing support & advisory
Work through the agreed priorities with organized reporting and clear communication.
RELEVANT INDUSTRIES
Support informed by your context.
COMMON QUESTIONS
Practical details, explained.
01Is internal audit support the same as a statutory audit?
No. ASBA provides advisory review and coordination support within the agreed scope. It does not perform a statutory audit, provide statutory auditor authorization, or issue an independent audit opinion; any statutory engagement remains with the appropriately appointed auditor.
02What can an internal audit review include?
The review can include selected workflows such as purchasing, sales, inventory, cash handling, payroll inputs, access controls, reconciliations, and management reporting. The final coverage depends on business priorities, available evidence, process owners, and the agreed engagement scope.
03Will ASBA implement the recommended controls?
ASBA can help document practical actions and coordinate follow-up where included in the agreed scope. Management remains responsible for approving changes, assigning internal owners, implementing controls, and monitoring results; additional work may require separate professional scoping.
Tax treatment, if considered, depends on the applicable jurisdiction and must be confirmed by a qualified tax professional; this advisory support does not replace management, a statutory auditor, legal counsel, or regulated investment advice.