Internal audit

Want to assess whether your internal corporate control procedures are functioning efficiently to prevent mistakes and violations? Seeking to discover the cause of poor reporting performance or boost transparency to improve the investment potential of your business?

SCHNEIDER GROUP carries out independent internal audits, either by taking over your internal auditing function completely or supporting your in-house auditing team. To identify and minimise operational risks, we will:

  • Evaluate the effectiveness of your company's internal controls
  • Assess personal risks associated with the sole executive body of your company (CEO, head of a branch or representative office);
  • Help build effective communication between local subsidiaries and internal auditors from head office
  • Fully outsource the internal audit function, if required

What you get

COMPLIANCE WITH HEAD OFFICE REQUIREMENTS
We accompany head office auditors during audits and provide explanations of local regulatory and business practices to ease communication with local offices and ensure compliance.
TRANSPARENCY AND INVESTMENT POTENTIAL
Regular independent internal audits improve transparency and make your business more attractive in the eyes of potential investors and clients.
EFFECTIVE INTERNAL CONTROLS
We analyse the current structure of internal control procedures to assess their efficiency and help you build an effective system of internal controls.
CEO PERSONAL RISK AUDIT
We identify personal financial responsibilities and legal risks associated with your General Director, head of a branch or representative office and offer recommendations on how to address any issues.
RISK IDENTIFICATION
We analyse processes and documents in the areas of accounting, migration and human resources legislation, currency control, labour, and health and safety. We identify risks associated with non-compliance and make recommendations to minimise them.
STRONGER INTERNAL AUDIT TEAM
We work closely with your internal audit team to offer additional resources, ensure that control procedures and recommendations are followed and fully train staff to establish robust processes for the future.

An international non-profit organisation

Internal auditor support
Since the accounting principles used by the organisation’s divisions in Russia, Ukraine and Belarus differed significantly, the head office auditor needed help analysing reporting documents from those divisions. Each local office received a one-day on-site support session from SCHNEIDER GROUP, enabling foreign auditors to constructively work through risks and establish effective communication with their colleagues in charge of local accounting and reporting.

Why Schneider group

LOCAL EXPERIENCE
We provide an independent internal audit service exclusively in the countries where SCHNEIDER GROUP operates, based on our own experience of doing business in the area. We provide support for checking control procedures in the local offices of international companies.
INDIVIDUAL APPROACH
We are flexible in our approach to the timing of the audit and your specific needs. If required, we can arrange for urgent inspections, including remote or on-site inspections. Our focus is on your objectives. 
INTERNATIONAL EXPERTISE
We offer comprehensive audit expertise and international experience of conducting independent audits. We help establish effective communication between head office and local subsidiaries.
QUALIFIED TEAM
Our specialists are highly qualified. They are all holders of Russian and international auditing and accounting certificates and proud members of the ACCA, the CIA and the Russian Institute of Internal Auditors. 

About SCHNEIDER GROUP

SCHNEIDER GROUP has been helping businesses to expand to new geographical markets since 2003, offering a full range of business support services: from developing strategy for successful market-entry to helping arrange or optimize accounting, reporting and financial planning processes and establishing efficient IT infrastructures.

500 top experts in 9 countries take care of all resource-consuming non-core business tasks, so our customers can focus on achieving their business goals. We offer services in Armenia, Austria, Belarus, Germany, Kazakhstan, Poland, Russia and Uzbekistan, with minor regional variations. Get in touch via our contact form to request details of specific service packages available in your target country.

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