Internal audits are a critical tool that businesses, nonprofits, and government agencies use to drive compliance with internal control policies and procedures.
LLDA can help your organization design, implement, and
monitor an internal control strategy that can fulfill a variety of oversight and internal control obligations.
We leverage data analytics to provide assurance through full population testing
and can assist with completing risk assessments, assessing control design,
testing the effectiveness of controls, identifying weaknesses, and/or
collaborating to create efficient and effective remediation plans.​
LLDA applies a data-driven approach to all phases of the compliance/internal audit life cycle, including:
​
-
Scope identification
-
Control design assessment
-
Development of audit programs
-
Testing and analysis of large volumes of data
-
Creating and automating reporting and dashboards
-
Providing process recommendations
-
Outlining a follow-up strategy for any outstanding control deficiencies