Internal Audit & Risk Management Consultants
Your Trusted Advisors
Bibi Consulting is ,once again, offering its free, no obligation, high level reviews of internal audit departments in selected cities in the Middle East and Ontario ,Canada .

               Offer Ends on April 30,2015 !
The work to be performed shall consist of a high level review of the company’s Internal Audit Department’s operations focusing on the following areas:
a.Authority, Organization and Independence
c.Audit process
d.Quality assurance
The review is not designed to audit the company’s operations in any form, or is designed to detect fraud or weakness in the company’s internal control system. It is not a substitute for the external assessment of the internal audit activity as stipulated by standard 1312 of the International Standards for the Professional Practice of Internal Auditing, but it may help in preparing for such assessment.
Upon the completion of the review, the company shall receive a brief report summarizing the work performed and recommendations for major areas of improvements, if any.
To take advantage of this oferf and to find out if your company is eligible  , please contact us ASAP

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Does your IA Department Conform with IIA Standards? Let Us Help !

Use of " Conforms with the International Standards for the Professional Practice of Internal Auditing" by the IA activity is permitted only if the results of the quality assurance and improvement program (QAIP) support this statement. Our services include providing external independent  assessments of IA activities.

Let us help your IA activity establish an effective QAIP ,by contacting us today .
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As a CAE , you know that one day you will leave your position to either " pursue other interests", retire or be  absent  due to " natural causes" ! When you audited the HR function in your organization, you have most probably included the organization's succession planning as part of that audit . If there was no succession plan ,you most probably have recommended one. Now ,let's see if you practice what you preach ! Do you have a succession plan for your  Internal Audit Activity ? If your answer is yes ,you may stop reading this post ! If it is no, keep reading !
Be Proactive and Initiate the Process !

If their is no succession plan for your IA activity ,be proactive and start the process yourself . This is how you may start :
•Discuss your proposal to adopt succession planning with your stakeholders ( audit
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Internal Auditors : Beware of the "Risk Management" Syndrome !

When I am asked  what brought Arthur Andersen down ( I am a former AA partner) , I always say : "The Andersen Consulting " Syndrome!The start of the end of the firm began when the AA leadership decided that they want to be consultants rather than traditional auditors!This happened as a  result of the divorce with Andersen Consulting.

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Does Your Internal Audit Department Need Help Understanding the New IFRS 15 ?

           Contact Us Today for Details !