KPMG in Bermuda can help your internal audit (IA) function achieve its full potential. This involves moving beyond a focus on compliance-driven activities toward value delivery across the enterprise to enhance assurance capabilities and provide valuable business insights.

KPMG’s Internal Audit methodology provides a framework that enables a structured approach for efficient and consistent quality delivery. The methodology  analyses risk from a business perspective, and focuses on key processes and controls. It also employs a scalable, top‑down risk‑based approach that is designed to drive value by delivering efficient, effective audits  directly tied to strategic objectives. Complemented by our people, their intellectual capital, and our proven tools, the methodology allows us to:

• Identify and manage risks tied to strategic objectives
• Compare existing practices with best practice
• Generate recommendations to further improve controls, performance, and operations
• Identify cost saving opportunities

We tailor our methodology to suit your needs.

In a critical thinking environment, the traditional audit cycle of planning, fieldwork, completion, reporting and follow up is enhanced by an additional stage focused on alignment, scope, and identification of value. The result can be a more dynamic audit that not only focuses on the underlying risks and controls, but generates a mindset of tangible value to the organisation.