Maximizing the value and effectiveness of the internal audit function requires a deep understanding of an organization’s objectives, risks, regulatory environment, and the priorities of its key stakeholders — including executive management, boards, audit committees, employees, and shareholders. These factors shape the organization’s risk profile and determine the strategic focus, resources, and practices required of its internal audit department.

At RN Associates, we provide tailored internal audit solutions to strengthen governance, risk management, and compliance.

We Can Help When:

• Your internal audit function struggles to keep up with evolving risks.

• You face challenges in recruiting and retaining skilled internal audit professionals.

• You need to supplement your in-house team with specialist expertise.

• Your internal audit lacks resources to cover operations across multiple regions.

• You consider internal audit a non-core activity and wish to outsource.

• You require an independent assessment of the effectiveness of your risk management, internal audit, and corporate governance frameworks.

Navigating Compliance Challenges

As companies comply with the reporting requirements of Sections 302 and 404 of the U.S. Sarbanes-Oxley Act, internal auditors face new responsibilities during both implementation and ongoing compliance phases. While the Act defines the roles of management, audit committees, and external auditors, it does not directly specify the role of internal audit. In today’s regulatory environment, the internal audit function must balance its dual role of assurance and advisory, providing value to management while maintaining independence and objectivity.

At RN Associates, we guide organizations in defining, strengthening, and optimizing their internal audit function to meet these challenges effectively.