Audit & IT Assurance
With a deep understanding of audit and technology assurance, ISP can help with an organization's objectives in their operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. We offer a wide range of audit and information technology services to help you assess internal controls throughout your business and IT infrastructure with a focus on sustainable results.
Agreed Upon Procedures
Factual and unbiased information can be critically valuable in helping your management staff to understand key business procedures and their effect on operations. An agreed-upon procedure from a third-party auditor, such as I.S. Partners, LLC., is a standard guideline used by our auditor to evaluate specific procedures. The ultimate goal is to provide clients with the critical information that management needs to determine the right course of action.
In today’s regulatory climate, achieving and maintaining compliance with the Sarbanes-Oxley Act (SOX) can be complex. ince being passed in 2002, SOX has become a key reporting system for publicly traded companies. SOX compliance attests to the transparency of corporate government and financial reporting, validity of internal controls, and the accuracy of corporate disclosures.
I.S. Partners, LLC specializes in performing structured auditing to verify that our client’s controls are appropriate and working effectively towards meeting their obligations. Our team is highly experienced with SOX compliance, insurance regulatory compliance, control testing and validation, carrying out risk assessments, as well as building self-assessment programs.
Continual improvement is driven by critical thinking and attention to detail. Today’s businesses benefit greatly from internal auditing because it is a chance to examine their risk management, corporate governance, and internal control processes more closely and identify areas for improvement. I.S. Partners, LLC is experienced with guiding organizations in internal audit preparedness engagements and setting up effective self-assessment programs.
Internal Audit Outsourcing
For companies with a small internal audit staff or which could benefit from expert guidance in managing business process or IT environments, outsourcing is a great solution. Internal audit outsourcing brings the added manpower and fresh perspective of external experts to ensuring that business operations are aligned with the goals set. Our team is skilled at working in a range of industries – both optimizing current in-house staffs via co-sourcing and delivering full auditing services for organizations.
Third-Party Risk Assessments
Third-party risk management is fundamental in the modern, complex structure of enterprise. Monitoring performance and assessing the risk associated with all the vendors, suppliers, business partners, brokers, contract manufacturers, distributors, and resellers in your network can be daunting. I.S. Partners, LLC. can lead your organization’s third-party risk management program. We do this through developing a risk management strategy that fits your organization, assessing third-party’s areas of vulnerability, preparing and performing risk management assessments.