Internal Audit Co-Sourcing/Outsourcing

Internal audit’s (IA’s) challenges are many. Today’s leading IA functions are forward-looking and committed to adding real value to the organization. They’ve matured from being reactive to proactive.

Still, it’s no easy task to keep pace with ever-changing regulations, anticipate industry trends and guard against unknown future risks – often with a skeletal staff. Even worse, the skilled resources an organization needs to achieve its business objectives aren’t always available when or where they’re needed.

IA co-sourcing and outsourcing can deliver many real benefits, including short- and long-term cost flexibility and scalability. In fact, outsourcing can often result in cost savings of as much as 20 to 40 percent.

Marcum’s specialized IA co-sourcing and outsourcing solutions for IA operational and business risks are designed to add significant value and make your job easier through:

Co-sourcing services, providing industry-savvy professionals to fill the gaps. Whether you need one specific skill-set not available internally, an entire team to execute your internal audit plan, or something in between, Marcum can help.
Outsourcing services, providing your organization with an experienced, fully staffed IA team. In addition to other benefits, outsourcing removes the time-consuming burdens of hiring, training and retaining talent. It’s also a cost-effective way to access industry-leading practices and the latest thinking on issues affecting your business.

If you’re considering more flexible options for your IA function, Ask Marcum. Let’s open a dialogue to discover whether IA co-sourcing or outsourcing is the right fit for your organization.