Internal Audit

Internal Audit

The Internal Audit practice within Stantons International provides value-added support that enables organisations to improve their operations. With clients with a new internal audit function we focus on compliance based audits ensuring they are meeting their requirements against the Financial Management Act and Treasurer’s Instructions. We focus on the financial aspects including general financial controls, payroll and human resources. With clients who have a greater level of maturity in relation to internal audit we shift our focus towards performance and operational based engagements

The Internal Audit division also conducts a wide range of Grant Acquittals, Financial Statement Analysis and technical internal audits such as reviews against operating licenses obligations or government codes such as those in the utilities industry such as water and power.

Our director led audit and assurance team is highly qualified and experienced and delivers personalized and cost effective solutions to our clients’ specific needs.

Our Audit and Assurance services include:

We have capacity to provide internal audit resources for a value-adding internal audit function over an extended period of time and this is demonstrated by the number of long term clients that we have retained. For many of our clients the internal audit function is fully outsourced to us.

All our qualified professionals have an in-depth understanding of the business culture, systems and processes within a government context and are qualified accountants with a specialisation in internal auditing

Our role is to provide independent, objective assurance and consulting activities designed to add value and improve an organisation's operations by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance. As part of this we can evaluate the following

  • Effectiveness and efficiency of operations
  • Reliability and integrity of financial and operational information
  • Safe-guarding of assets
  • Compliance with laws, regulations, and contracts.