PERTROLANCE LLC
• INTERNAL AUDIT • FRAUD MANAGEMENT • COMPLIANCE
Pertrolance specializes in developing and supporting internal audit departments and practitioners. Our Firm is different than other consulting organizations in that we want you to learn the principles behind our work so you can apply them in the future. Providing Internal Audit Programs, Questionnaires, Control Baselines, Business Process Best Practices, and Cost Saving Opportunities. TAKE A LOOK AT OUR ONLINE RESOURCES! - Practitioners who are at a minimum Certified Public Accountants with at least 20 years of relevant experience - Access to an extensive audit, accounting and business process library - A consistent internal audit adviser who knows you, your staff, and your company. You will not have a new consultant showing up every week
TRAINING
Training staff on internal audit techniques (See Training)
TOOLS & RESOURCES
NICHE AUDITS
Performing Specialized Internal Audits in such areas as: Supply Chain Management (Import / Export Controls, Grey Market, Counterfeiting, Procurement), Employee Benefits, Trade Promotion Spending / Sales, or Treasury Operations
QUALITY ASSESSMENT REVIEWS
Validate your Department's approach or help identify and implement internal audit best practices.
BENEFITS OF PERTROLANCE
- We don't want your job. We do not provide outsourced internal audit services and only limited co-sourced services. We believe that the internal audit function belongs in-house. Our role is to provide support to your department.
TOOLS & RESOURCES
Need an audit program or control questionnaire? Instead of spending countless hours developing them, give us a call, we can help. We maintain tools and knowledge you can tap on an as needed basis to tackle those tough audits.
IA DEVELOPMENT IDEAS
ARE YOU IN COMPLIANCE WITH IIA STANDARD 2210.A2?
When planning your future internal audits, keep in mind the requirements under IIA Standard 2210.A2 which reads "Internal auditors must consider the probability of significant errors, fraud, noncompliance, and other exposures when developing the engagement objectives".
Our interpretation of this standard is that internal auditors should consider fraud when planning an audit and incorporate procedures into their audit steps to address the risk of fraud. We believe that this must be a proactive effort building fraud into the audit plan, not simply adding procedures after the fact. This being said, as always, additional procedures must be considered throughout the audit based upon additional knowledge and information that usually comes to light.
It is our belief that this standard should be treated similarly to the external audit requirements under SAS99.
Pertrolance had developed a planning guide that will help you document your compliance with Standard 2210.A2.
If you have any questions about internal audit and fraud or the attached fraud planning guide, please give us a call.
