If your company’s internal audit resources lack the capacity, objectivity or specialized technical skills to address evolving business needs, Frazier & Deeter’s Process, Risk & Governance advisors can help you across a broad spectrum of operational, compliance, IT and financial audit needs. We support the overall Enterprise Risk Management efforts of companies with varying needs, including Emerging Growth, High Growth, Public and Pre-IPO organizations.
In an era defined by rapid changes and complex challenges, the Institute of Internal Auditors (IIA) has once again set the stage for transformative practices within the internal audit profession. With the issuance of the Global Internal Audit Standards in…
The Association of Certified Fraud Examiners finds that Small Businesses are especially vulnerable to fraud and financial management errors. In this episode, Sabrina Serafin and Katrina Barrett explore internal controls that can help smaller businesses minimize risk. Culture of Compliance is…
It sometimes seems like executives see the big risks associated with situations like data breaches or fraud, yet still view the internal audit function as a cost of doing business rather than an important investment. Sabrina Serafin welcomes back Danny Goldberg,…
Internal Audit Co-sourcing & Outsourcing
Our PRG professionals are available to help you meet all internal audit requirements. We can:
Provide audit professionals with extensive internal audit experience to deliver your audit needs
Supplement your current Internal Audit function to address issues of capacity or technical knowledge
Satisfy third party regulatory requirements
Design improved internal processes and controls
Assist in implementing consistent policies and procedures company-wide
Work with business process auditors to ensure adequate understanding of business risks
SOX Readiness and Compliance
A Sarbanes-Oxley Section 404 effort is executed in multiple stages. Our team is overseen by several members that have worked at the Public Company Accounting Oversight Board (the PCAOB) and provides comprehensive guidance or assistance in any stage of the project:
Planning and scoping
Documenting significant processes and controls
Evaluating internal control effectiveness
Identifying issues and designing corrective actions
Implementing solutions and remediation efforts
Internal control reporting
Quality Assurance Reviews (QAR) & Transformation
Conforming to the Institute of Internal Auditor’s International Standards for the Professional Practice of Internal Auditing (IISPPA) is a critical requirement.
Our PRG professionals perform a detailed analysis of every aspect of your Internal Audit department, including its organizational structure, technical competency and staff performance. We provide recommendations and strategies that improve performance and increase value to the organization.
Business Process Improvement
Our professionals design and implement solutions to improve internal and external business performance. We examine technology, resources, processes and procedures, adopting and implementing best practices in accordance with the needs of the organization.
Audit Committee Advisory Services
Our professionals optimize the effectiveness of communication with Audit Committees by:
Providing guidance on emerging audit, risk management and governance topics
Increasing awareness of audit and risk management concepts that improve corporate governance results
Communicating regulatory best practices
Internal Audit Tools & Technology
As the organization evolves, the need often emerges to update tools, methodologies and technologies. We offer an informed and objective team to help you identify relevant risks, assist in the design and testing of your controls to address those risks and effectively report results to management.
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Privacy Overview
When you use or access the Site, we use cookies, device identifiers, and similar technologies such as pixels, web beacons, and local storage to collect information about how you use the Site. We process the information collected through such technologies, which may include Personal Information, to help operate certain features of the Site (e.g., to prevent online poll participants from voting more than once), to enhance your experience through personalization, and to help us better understand the features of the Site that you and other users are most interested in.
You can enable or disable our use of cookies per category.
Essential cookies enable you to navigate our Site and use certain features, such as accessing secure areas of our Site and using other features of our service that require us to keep track of certain information as you navigate from page to page. Although some of these cookies are “required” to enable certain functionality, you can disable them in the browser, but doing so will limit your ability to use the features supported by such cookies.
These cookies collect information about how you use our Site, including which pages you go to most often and if they receive error messages from certain pages. These cookies are only used to improve how our Site functions and performs.
From time-to-time, we may engage third parties that track individuals who visit our Site. These third parties may track your use of the Site for purposes of providing us with certain marketing automation features (to help us improve our outreach to current and prospective clients) and providing you with targeted advertisements.