Internal Audit Services in Russia
As internal audit services provider in Russia, we can provide you with an independent and objective consulting support. Consulting that adds value to and improves an organization’s operations. We bring a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes. The internal audit activity provides assurance that risks to the organization are understood and managed appropriately. Our support includes but is not limited to:
reconciliations (e.g. threeway matching: request/order/GDN/ invoice/cash payment)
approval levels verifications
segregation of duties analysis
International Standards for the Professional Practice of Internal Auditing requires companies to conduct an independent assessment of their internal audit function at least once every five years. External internal audit practitioners promote the establishment of cost-effective controls, assessing risks, and recommending measures to mitigate those risks.
Implementing a risk-based approach can uncover potential organizational risks that may otherwise go undetected and provide management with a critical tool for gauging and assessing enterprise wide risk. This allows management to allocate the greatest amount of resources to the areas that will yield the highest return on investment and ensures that the organization has dedicated audit coverage for high risk areas.
Internal audit need is not be limited to assurance. In today’s era of slower economic growth, a high premium is placed on operational effectiveness and efficiency. For example, internal audit could evaluate and challenge the design and operating effectiveness of the organization’s governance, risk management, and internal control processes.
We assist business streamline and improve its internal control to save effort while obtaining optimal risk coverage. We support companies to perform internal control over financial reporting testing against relevant regulatory standards, for example, Sarbanes-Oxley Section 404. Effective internal control reduces the risk of asset loss, and helps ensure that information is complete and accurate, financial statements are reliable, and the operations are conducted in accordance with the provisions of applicable laws and regulations.
When internal control is effective, you have reasonable assurance that your business is achieving its financial reporting objectives. When it is not effective, you have little or no such assurance.
started her career in a national audit company
employed by Grant Thornton from 2005 (renamed as Baker Tilly in 2015), where she managed audit, tax review as well as agreed upon engagements related to the internal control and other risk management areas
acted as a CFO of Terranova group of companies in 2012 – 2018
graduated from the Russian Academy of Economics named after G.V. Plekhanov
awarded a Russian auditor’s certificate, ACCA DipIFR