Internal Audit Assessment
The role of internal auditing is expanding rapidly in complexity and scope as companies cope with myriad regulations, technological transformation, legacy transition, and external threats such as cyber breaches. Under such circumstances, internal audit functions are finding it more difficult to uncover fraud and other problems; and to keep pace with their mandate to evaluate and help boards and executives improve the effectiveness of governance, risk management and control processes.
How FTI Consulting Can Help
Global Insurance Services is one of the world’s leading independent insurance consultancies, with over 100 professionals dedicated to the life, health and property-casualty insurance industries. Our credentialed experts and consultants support insurers, reinsurers, brokers, captives, risk retention groups, banks, regulators, investors, other insurance providers, and corporations and their counsel with a wide range of critical services related to internal auditing.
Special Investigations and Assessments
Our teams of experts are able to respond immediately and discreetly to critical incidents where there is suspicion or evidence of fraud or other wrongdoing. We have the ability to interview geographically dispersed personnel and process millions of transactional data files and documents to provide timely fact-based information for decision making and litigation support.
Organizational Risk Review
Our organizational risk review takes a holistic view of the enterprise, its external operating environment and third party relationships, as well as its internal organizational dynamics. Our focus is to ensure that the internal audit function takes into account the risk impact of these external as well as internal situations.