Outsourced Internal Auditing

IQC-The ISO Pros

As a company, it is important to keep everything in check. From the processes, the performance, even in the way your finances are being managed, they need to be checked and assessed from time to time to see if they meet the requirements of your customers and even the compliance organizing bodies.

In addition to that, we can’t escape the fact that the past century has been filled with a lot of financial, management, and employee crises that sent companies and organizations down to the brim. That being said, several organizational checks and assessments have been put in place to check and to evaluate the performance and the financial standing of companies and corporations.

Internal Auditing

If we define the word “auditing,” you’ll be given a definition of it being the process of evaluating and assessing the goals, performance, and the current situation of a given company, department, or division.

Internal auditing, furthermore, is the process of a company performing the auditing within their organization. This can involve everything from the effectiveness of their processes, checking the compliance of their procedures, the evaluation of risk, and many more.

Big and large companies and organizations have their own internal auditors, which is good because they need not look someplace else. However, internal auditing has its downsides, too, which can also bring problems for a company or a business; and those are part of the reasons why most companies resort to Outsourced Internal Auditing.

What is Outsourced Internal Auditing?

Though most people think of it differently, Outsourcing the Internal Auditing of your organization would employ different benefits and advantages for companies – and that’s what we’ll discuss later on.

Also, if you are looking to outsource your internal auditing; if you want to work with a certified, auditing body — look no further because we here at IQC – the ISO Professionals have been deemed as the best and the most reliable auditing body in the industry.

To expound on outsourced internal auditing, you’re thinking of it correctly — it is the process of a company, corporation, or an organization hiring an auditing organization or company to do the auditing for them. It’s still considered as 1^st Party Auditing because the goal of the Outsourced Auditors is to check or weigh the strengths and weaknesses of a certain part or division of a company.

That is part, if not the most sought after service that we perform here at IQC – the ISO Professionals.

The Pros and Cons of Outsourced Internal Auditing

As we mentioned above, there are some disadvantages of outsourced internal auditing. However, there are good things clung to it too. Let’s start with the negative stuff – here are some of the cons of it.

Lack of Continuity

One of the most common issues companies and corporations may face would be the lack of continuity. Since you’ll be outsourcing the auditing of your internal processes and procedures, the auditing body might not have the capacity and the overall understanding of how your processes work — which can result in the lack of continuity.

Cost

Another problem that you might encounter firsthand is the cost. There are a lot of companies out in the market but only a few charge a considerable amount because it’s the compliance and the quality of your processes being talked about. We here at IQC – the ISO Professionals can give you the absolute guarantee that you would never have to think about and worry about how much you’re going to be settling because we charge a reasonable amount!

Safety and Security

Whatever service it is, if it involves third-party companies and organizations, the security of your company will always be at risk. No matter how reputable or how experienced a certain auditing body is, you can’t erase the fact that you’re giving them access to your company’s secrets. Having them audit your internal processes and procedures can be a big risk and it must not be disregarded. What more if you allow them to access the activities happening within your company?

Straying from what most people believe in, there are actually a lot of advantages in outsourced internal auditing — especially if you choose to entrust your business to us here at IQC. Some of the benefits of the outsourced internal auditing that we provide include:

Unbiased Insights

One of the biggest benefits and advantages that outsourced internal auditing is that third-party audits are unbiased because they do not really have to make the company pass certain compliances. Their only goal is to make sure that the company is able to identify goals, hurdles, as well as meet those. Through the impartial opinions and thoughts they have, they’ll be able to set feasible, but highly effective objectives for the company or the organization.

Flexibility and Agility

Working with a separate internal auditor gives you the flexibility to work on other aspects of your company or your organization. This will give you the overall flexibility that you need to work on the areas and the fields within your business that you need improvement on. Here at IQC – the ISO Professionals, you’ll never have to worry about the quality and the level of auditing because that’s what we’ve been focused on for decades. When you work with us, you’ll be able to get everything you need without you spending a fortune on it.

Skill and Excellence

For decades, IQC – the ISO Professionals has been focused on the improvement and the development of services. We’ve had our eyes on nothing but excellence because that’s what we’re trained to do. Generally speaking, though, getting help through outsourced internal auditing can mean a lot of many positive things especially excellence. The quality and the caliber of skills that certified auditors have to go a long way.

Risk Management

The function of an internal audit is truly to weigh and to assess the current standing of a company’s processes, management, and risk factors. In addition to that, it can also be the medium to detect and to respond to emerging risks.

At IQC – the ISO Professionals, you would never have to think about quality and security — it’s already a given. Allow your company or your business’s processes and financial capacities to be at its finest. Dial us, send us an email, or go through the contact function here in our website.

You’ll never regret your decision of working with us for we’ll be the best auditing body you will ever work with. Experience world-class quality auditing without spending tens of thousands of dollars!

With IQC – the ISO Professionals, you’ll get all of the information and the proper training that you need to go on with the industry you are in! Here are the ISO Standards we can help you with: