Logo Esnad - EN Color
Internal Audit
Internal Audit
Concept of internal audit
Concept of internal audit

An independent and objective activity that provides assurances and advisory services with the aim of adding benefit to the organization and improving its operations. This activity helps in achieving the organization’s objectives by following an organized, systematic approach to evaluate and improve the effectiveness of governance, risk management, and control processes.

About the service:

Internal audit is defined as a set of processes that review all operational reports within a company or organization. It involves meticulously examining data and records through the expertise of auditors and reviewers.

At Esnad Financial Company, we:

Provide internal audit services according to the highest standards and best practices to ensure the protection of your company’s assets and funds and to ensure compliance with established policies and management plans.

Target groups
Target groups

Public bodies (government)

Includes ministries, government agencies and institutions.

Private companies & institutions

Includes businesses, both family and public, and non-profit institutions.

Stakeholders

It includes employees, beneficiaries, customers, and suppliers.

Target groups

Public bodies (government)

Includes ministries, government agencies and institutions.

Private companies and institutions

Includes businesses, both family and public, and non-profit institutions.

Stakeholders:

It includes employees, beneficiaries, customers, and suppliers.

importance of internal audit
importance of internal audit

Do everything possible to protect the company’s assets and property, and increase awareness among the company’s management in order to raise the efficiency and effectiveness of internal control for everything related to the financial and administrative aspects of the organization.

Follow up on the operations taking place in the organization and ensure that there are no violations in accounting operations through adherence to the recognized financial and regulatory laws and controls and applying them to all financial and accounting records in the organization.

Detecting fraud, deception, forgery, and accounting fraud, which lead to misleading those to whom financial statements are presented, resulting in incorrect decisions being made, and not disclosing any data that reveals forgery or financial fraud except after confirming its truth in order to arrest the perpetrators.

Establishing adequate financial control methods for all departments of the organization by the internal review and audit team, and emphasizing the necessity of following up internal audit work with caution, especially with important and vital departments.

Do everything possible to protect the company’s assets and property, and increase awareness among the company’s management in order to raise the efficiency and effectiveness of internal control for everything related to the financial and administrative aspects of the organization.

Follow up on the operations taking place in the organization and ensure that there are no violations in accounting operations through adherence to the recognized financial and regulatory laws and controls and applying them to all financial and accounting records in the organization.

Detecting fraud, deception, forgery, and accounting fraud, which lead to misleading those to whom financial statements are presented, resulting in incorrect decisions being made, and not disclosing any data that reveals forgery or financial fraud except after confirming its truth in order to arrest the perpetrators.

Detecting fraud, deception, forgery, and accounting fraud, which lead to misleading those to whom financial statements are presented, resulting in incorrect decisions being made, and not disclosing any data that reveals forgery or financial fraud except after confirming its truth in order to arrest the perpetrators.

Objective of internal audit
Objective of internal audit
Are you looking for a company that specializes in Internal audit and financial services?
Our internal audit services include:
Our internal audit services include:
Reviewing all financial and administrative processes in the project to achieve the highest possible productivity efficiency.
Developing rigorous control plans to monitor all operations within the company.
Preparing and developing the internal audit charter.
Developing the internal audit work plan.
Executing internal audit operations.
Monitoring corrective action plans.
Assisting management in achieving its objectives, reducing error rates and illicit activities, and ensuring comprehensive protection for the company.