Description of Services

1. Setting-up a new audit function. This service primarily includes: 
• Developing an audit committee charter 
• Developing an internal audit charter
• Designing  internal audit approach and methodology
• Designing an internal audit manual 
• Designing audit programs and fieldwork plans in order to promote 
   standardized audit methodologies 
• Conducting company-wide risk assessment and designing an audit plan
• Recruiting internal audit staff
• Training internal audit staff
• Promoting internal audit function within the organization 
• Supervising pilot internal audit projects
• Designing performance measures to assess function performance.

2. Re-engineering existing internal audit functions: This includes assisting existing 
internal audit functions in adding value by affecting a change process with 
respect to audit planning, methodology, approach, reporting, follow-up and 
automating the internal audit process. 

3. Full outsourcing of internal audit: TAGI will take on full responsibility for 
managing the internal audit function and performing all internal audit activities 
based on a comprehensive risk assessment plan.

4. Co-sourcing of internal audit: This service provides the client with 
the knowledge and skills to retain control of an in-house service 
and supplement this with additional resources/expertise. Co-sourcing 
will enable clients to meet their immediate needs in high-risk areas whilst 
allowing time to prepare and train current staff to meet their needs.

5. Risk assessment and audit planning: An enterprise-wide risk assessment 
of key strategic and business risks including business objectives, critical 
business issues and key business processes. Also, assisting new or existing 
audit functions in identifying the audit universe, conducting company-wide risk 
assessment and designing risk-based audit plans. 

6. Internal control structure assessment: Assessing the adequacy of the internal 
control structure design and operating effectiveness and determining whether 
risks are being managed and/or mitigated. In addition,  designing 
recommendations to address the identified weaknesses. 

7. Internal audit training that entails building a valuable framework for 
practitioners, e.g. seminars, conference, learning courses,etc. in order to 
provide specialized internal audit training in the following areas: 
• Preparation for professional recognition, e.g. CIA, CFE, CMA, CCSA. 
• Operational audit 
• Skills for the auditor in charge
• Report writing skills
• Risk-based internal audit
• Self-control assessment 
Internal Audit

Our main objective is to assist our clients and ensuring their satisfaction through the following services: •Reviewing the reliability and ... More

Corporate Governance

Corporate Governance Audit is an assurance activity performed by qualified independent experts for the purpose of assessing the ethics and ... More

Risk Assessment

This service includes assisting our clients in identifying, evaluating, and managing risks and implementing compliance programs to make sure ... More

Internal Control Structure Assessment

This service includes assessing the adequacy of the internal control structure design and operating ... More

Assurance Services

Definition of Fraud : Any illegal acts characterized by deceit, concealment or violation of trust. These acts are not dependent upon the ... More

TAGI

Talal Abu-Ghazaleh & Co. International (TAGI) is one of the leading firms of Certified Public Accountants and Auditors in the world. A commitment to excellence and to quality underpins its mission to offer its clients a complete range of high quality of auditing and accounting services.

TAGI.com