In today’s dynamic business environment, companies are challenged with hiring and retaining the right resources to address all of their business risk requirements. Many companies are diverting their Internal Audit resources to work on Sarbanes Oxley compliance; as a result, these companies are not completing their annual Operational and IT internal audit plans and do not have internal audit resources to address discretionary projects when required by Management or the Audit Committee. Additionally, many Internal Audit departments do not have the experienced internal audit resources necessary to bring the value expected by their organizations. 

GSBB Internal Audit and Business Risk Consulting delivers solutions that can help you address a full array of operational, information technology, strategic, compliance, and financial risks.   

Our suite of Internal Audit and Business Risk Consulting services includes:




Internal
Auditing
 
ü Internal Audit Teaming and Outsourcing
ü Risk assessments
ü Internal Audit Plan development
ü Process efficiency and control assessments
ü Business Process Improvement
ü Quality Assessment Reviews (IA Dept Peer reviews)
ü Third Party Vendor
ü Royalty Audits
ü TV and Feature Film Production Audits
ü Search for Duplicate Payments





Sarbanes-Oxley
J-SOX Compliance
 
ü Process Documentation Control assessment
ü Project Management
ü Testing Plans
ü Employee Training
ü Internal Control Optimization
ü Fraud Risk Assessment
ü External Control Documentation (if no SAS70)




IT Internal
Auditing
 
ü IT Internal Auditing
ü IT Sarbanes-Oxley Compliance (general and application controls)
ü IT Policy and Procedure development
ü ERP system control review
ü Business Continuity and Disaster Recovery plan evaluations
ü SAS 70




Risk
Management
 
ü Enterprise Risk Management
ü Acquisition due diligence
ü Policy and Procedure development
ü Whistleblower hotline implementation
ü Fraud Investigations

Maximizing the value and effectiveness of an internal audit function requires an understanding of an organization’s objectives, risks, risk management priorities, regulatory environment and the diverse needs of the numerous stakeholders (Process Owners, Executive Management, the Audit Committee, etc.).  GSBB can assist organizations that either need help improving the quality or direction of their Internal Audit function or need experienced resources to help complement the current in-house Internal Audit team.  Our services are focused on helping Internal Audit Directors, CFOs, and Audit Committees assemble specific skills to meet the requirements of their internal audit plans and other risk management functions.

Benefits of Teaming with GSBB

Our Internal Audit and Business Risk Consulting services will provide the following benefits to your organization:

  • Provide a turn-key solution to your Internal Audit and SOX 404 needs with no recruiting hassles or fees; eliminates the cost and time needed to hire, train, and retain skilled auditors.
  • Provide significant executive (Partner / Senior Manager) involvement on all projects.
  • Scalable model for Internal Audit and SOX 404 compliance; resources can be added when needed.
  • Provide independent and objective Operational and IT internal auditors with extensive internal audit and risk management experience.
  • Provides Audit Committee experience and leading practices.

Because we only hire seasoned professionals, you can be assured that every member of your engagement team will have the necessary experience and expertise.  Teaming with GSBB provides immediate access to experienced internal auditors and leading internal audit practices.

Contact: 

Call or email us today to find out how teaming with GSBB Internal Audit and Business Risk Consulting can help your company.  

Scott Gerard
Partner-in-charge – Internal Audit and Business Risk Consulting
(818) 205-2658

Scott.Gerard@gsbbcpa.com

Kevin D. Holmes
Partner-in-charge – Sarbanes Oxley Compliance
(818) 205-2605
Kevin.Holmes@gsbbcpa.com


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