The Institute of Internal Auditors defines Internal Auditing as follows:
"Internal auditing is an independent,objective assurance and consulting activity designed to add value and improve an organization's operations.It helps an organization accomplish its objectives by bringing a systematic,disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes."
Bibi Consulting provides the following services:
- Establishment of internal audit activities.
- Re-structuring of an existing internal audit activity.
- Outsourcing /Co-sourcing of Internal audit assignments.
- Performance of internal and external assessments.
- Establishment of quality assurance and improvement program