Internal Audit

The internal audit function constitutes, within the organisation of your entity, an independent and permanent function of critical assessment of the adequacy and effectiveness of the central administration, internal governance and business and risk management as a whole in order to assist the board of directors, the audit committee and the authorised management of the institution to monitor their activities and the risks related thereto and thus to protect your entity and its reputation.

Banks, investment funds managers, professionals of the financial sector (“PFS”) such as investment firms, specialized PFS and support PFS as well as payment and electronic money institutions, are facing increased requirements in terms of robustness of the internal audit function. This function is also experiencing critical challenges in their day-to-day work due to the increasing complexity of the environment of these institutions, in line with the evolution of the legal and regulatory requirements.

Mazars’ Internal Audit team has extensive experience in this area. They will assist you to implement an internal audit strategy that fully responds to your requirements and covers all the risk areas in relation to your business. Depending on your needs and preference, we will work with you as strategic partners, in full delegation, or as provider of specific resources and competencies to cover complex areas or topics.

Our Internal Audit team specialises in the application of a risk-based approach for the delivery of our internal audit services. We have access to specialists across a range of sectors and we are fully equipped to assist our clients in meeting Internal Audit challenges.

Our team of experts offers you:

• Design of internal control procedures
• Internal audit assignments for Banks, PFS and Management Companies
• Assessment of service providers' internal control via external audit engagements
• ISAE 3402 certification