Internal Audit Advisory Services

Strategic, Scalable, and Results-Oriented Solutions

IMAG delivers customized internal audit solutions for all types of organizations and audit areas.  We work with all levels within the internal audit area and also advise audit committees and executive leadership on the evolving role of internal audit, risk oversight responsibilities, and governance best practices.

Our internal audit practice specializes in short-cycle projects with measurable results, delivering:

  • Evaluating enterprise reputational risk
  • Designing programs and policies which create a culture of ethics and responsibility

Our team of seasoned professionals—former members of Board audit committees, senior auditors, risk executives—combine deep domain expertise with industry experience in the financial services, corporate and technology sectors.

We offer solutions in the following areas:

We fully align the internal audit functions with an organization’s culture, business objectives, regulatory expectations, lines of defense and enterprise risk profiles. 

For new internal audit programs our service includes:

  • turn-key services which align with the organization’s culture and risk program;
  • internal audit function design, charter development, risk-based internal audit planning, audit methodology, framework design; and
  • integration with current Enterprise Risk, governance, assurance and compliance programs.
 
For established internal audit areas, we provide:
  • methodologies to increase and enhance audit scope and capability;
  • expertise in program remediation; and
  • maturity assessments evaluating the performance, independence, and alignment of the internal audit function against leading practices (e.g., IIA Standards, FFIEC, COSO).

We bring a pragmatic, insight-driven approach to audit execution. Our services include:

  • conducting co-sourced or outsourced end-to-end internal audits;
  • establishing board and governance frameworks;
  • conducting targeted and confidential reviews of high-risk functions or emerging areas (e.g., AI Governance, Anti-Money Laundering, Sanctions, fraud); and
  • providing issue remediation tracking and validation services.

 

We offer bespoke training programs to elevate internal audit skills such as effective risk assessment and audit reporting writing across all levels—from foundational audit techniques to specialized areas including:

  • data analytics;
  • IT audits;
  • financial crimes and sanctions;
  • detecting fraud; and
  • regulatory compliance.

We ensure that the internal audit function embraces digital transformation through data analytics, continuous monitoring tools and technology-enabled audits.  This includes the latest internal audit technologies in the areas of:

  • audit data strategy and tool selection;
  • process automation (RPA, dashboards);
  • development of audit analytics libraries; and
  • continuous auditing program implementation.

Trusted advisors with decades of experience in internal audit, finance, and technology

Hands-on execution combined with high-level strategic thinking

Former C-suite auditors, regulators, and compliance executives

Nimble, partner-led service model built for results