✔ Internal Audit Services
An effective internal audit function and process is a fundamental component of corporate governance. It evaluates whether systems are operating properly, whether processes are efficient and reliable, and whether legal and regulatory requirements are being met.
Through co-sourcing or outsourcing models, internal audit activities can reduce costs while enabling access to sector expertise and global internal audit resources. With our experienced and certified professionals, we support you in the following areas:
Execution of comprehensive internal audit activities with professionals experienced in accounting, finance, tax, and technology, supported by deep sector expertise
Risk assessment and development of risk-based internal audit plans
Co-sourcing and outsourcing of internal audit functions
Delivery of internal audit training programs, including theoretical training, pilot audits, and on-the-job training
✔ Establishment of the Internal Audit Function
Internal audit is a consulting activity designed to provide independent assurance, improve organizational operations, and create value. It supports organizations in achieving their objectives through a systematic and disciplined approach to evaluating and improving the effectiveness of risk management, control, and governance processes.
We support you in the following areas with our experienced and certified professionals:
Defining the positioning of the internal audit function within the organization
Establishing the audit committee and defining reporting lines to senior management
Designing internal audit methodology and preparing standard documentation
Developing audit committee charters, internal audit charters, job descriptions, and operating principles
Risk assessment and development of risk-based internal audit plans
Delivering internal audit training programs, including theoretical and on-the-job training
✔ Internal Control Services
In today’s complex and rapidly changing business environment, executives face increasing pressure to mitigate risks and implement necessary controls in daily operations. An internal control system plays a critical role in achieving organizational objectives and remains a top priority for management.
With our experienced and certified professionals, we support you in the following areas:
Assessing processes from a risk and control perspective and identifying existing risks and mitigating controls
Documenting controls and developing risk control matrices
Evaluating the design and implementation of existing controls
Identifying control gaps and improvement areas through benchmarking against KPMG’s global database and best practices
Supporting the development and enhancement of process flowcharts, policies, and procedures
Establishing job descriptions and authority/approval matrices
✔ Internal Audit Quality Assurance Review
Organizations that operate internal audit functions in line with international standards benefit from a more effective control environment, stronger risk management processes, and increased confidence at board level. However, transitioning from a “sufficient” internal audit function to one aligned with international standards requires balance across positioning, talent, and processes.
With our extensive cross-industry experience and expertise in quality assurance, we conduct independent and objective assessments of your internal audit function using leading quality control and benchmarking techniques. We evaluate your internal audit function against international standards and peer organizations locally and globally.
✔ SOX Compliance Advisory
The Sarbanes-Oxley Act (SOX) was enacted on July 30, 2002 to improve controls over financial reporting for publicly traded companies listed in the United States. It requires organizations to identify, document, and evaluate risks and controls related to financial reporting.
With our experienced and certified professionals, we support you in the following areas:
Developing process flowcharts, documenting procedures, and identifying control points
Identifying and testing risks and controls related to financial reporting
Documenting test results
✔ Enterprise Risk Management (ERM)
Organizations face various risks in achieving their objectives. Understanding and integrating these risks into strategy and decision-making enables organizations to achieve their goals more effectively. We support clients in establishing and sustaining enterprise risk management programs.
With our experienced and certified professionals, we assist in:
Defining risk strategy and risk analysis methodology
Assessing ERM effectiveness and maturity level
Establishing enterprise-wide risk management frameworks
Conducting enterprise risk assessments
Developing risk inventories and risk maps
Implementing systems for tracking risks
Defining key risk indicators
Delivering ERM training programs
Supporting risk committee structuring and developing charters and reporting formats
Preparing risk management guidelines and defining roles and responsibilities
✔ Corporate Governance Compliance
We support clients in preparing corporate governance compliance reports in accordance with SPK and BDDK regulations.
Our services include:
✔ Dealer and Distributor Audit
Ensuring consistent product and service quality across all customer touchpoints (dealers, distributors, stores, agents, etc.), compliance with regulations and internal policies, performance monitoring, and financial oversight is critical for organizations.
We support clients in optimizing customer experience and identifying risk areas across distribution channels. Our services include:
Identifying process and system risks affecting dealer/distributor profitability
Evaluating adequacy of controls over identified risks
Assessing and defining dealer/distributor selection criteria
Structuring dealer/distributor management processes and responsibilities
Designing incentive and bonus systems to improve performance
Establishing reporting systems for dealer/distributor channels
Designing and operationalizing returns and wastage processes
Designing cost reduction controls and implementation support
Profitability assessment and cost analysis
Ensuring compliance with regulations, global requirements, and internal policies
✔ Continuous Auditing (CA) and Continuous Monitoring (CM)
Organizations increasingly seek innovative ways to manage risks in a rapidly evolving and complex environment. Many now use continuous auditing and continuous monitoring approaches supported by technology.
Continuous auditing involves the ongoing collection and analysis of audit evidence from processes and IT systems, enabling early detection of issues and automation of manual tasks.
Continuous monitoring enables management to oversee known and emerging control gaps, improving visibility and ensuring ongoing performance and deterrence.
We support you in:
Designing and implementing dashboards, key risk indicators, and reporting frameworks
Optimizing continuous monitoring of controls, transactions, and performance indicators
Evaluating fraud risk management processes
Supporting integration of governance, risk, and compliance functions
Designing and implementing advanced data analytics solutions
✔ Software License Audit
The use of unlicensed software often results from complex licensing agreements or lack of proper software asset management processes. Effective management of software usage improves licensing compliance and cost efficiency.
We support you in:
Periodic assessment of software asset management processes and controls
Understanding and proactively managing software licensing rights
Managing financial risks
Improving efficiency through structured software asset management
Reducing software maintenance costs
Minimizing technology risks, disruptions, and associated costs
Reducing losses from improper usage
Structuring better commercial licensing terms aligned with current and future needs
✔ Governance, Risk, and Compliance (GRC)
In an increasingly competitive environment, stakeholders must proactively manage uncertainty. GRC is an integrated framework that combines governance, risk, compliance, and assurance functions to ensure a consistent and holistic approach across the organization.
We support you in:
Designing a tailored risk management roadmap
Supporting decision-making through risk-aware culture development and assurance frameworks
Improving ERP system efficiency
Implementing technology-enabled risk tracking systems
Designing segregation of duties frameworks and addressing related breaches
✔ Process Maturity Assessment
We help organizations achieve:
Mature business processes aligned with growth objectives
Effective management and prioritization of project portfolios
Benchmarking against international best practices
Independent assessment of current process maturity
Our approach includes:
Analysis: Detailed review of process steps, roles, and systems
Evaluation: Benchmarking against best practices and KPMG global standards
Roadmap: Development of action plans and transformation roadmap
Implementation: Optional support in execution and project management
✔ Process Advisory and Institutionalization
We support organizations in continuously improving and redesigning their business processes by identifying improvement areas through detailed assessments and applying KPMG global methodologies and best practices. We help optimize workflows, improve efficiency, and implement performance management systems and KPIs.
✔ Process Improvement and Transformation
We support:
Alignment of business processes with strategic objectives
Identification of improvement opportunities
Efficiency enhancement
Process maturity development
Digital transformation of processes
Our solutions include benchmarking, process redesign, technology roadmap development, and implementation support.
✔ Workforce Efficiency and Process Automation
We support organizations in:
Eliminating low-value activities through digitization
Improving process efficiency under resource constraints
Identifying bottlenecks and optimizing workflows
Implementing new integrations and technologies
Reducing repetitive tasks and increasing focus on value-added activities
Optimizing workforce structure and organizational efficiency
✔ Process Performance Management
We help organizations align corporate goals with individual performance objectives through structured performance management systems.
Our solutions include:
Definition and alignment of corporate, departmental, and individual goals
Sharing of best practices
Definition of performance metrics and measurement frequency
Design of reward and incentive systems
Establishment of executive monitoring mechanisms
✔ Institutionalization
Institutionalization is key to sustainable growth and organizational resilience. It ensures:
✔ Corporate Check-Up
We help organizations identify inefficiencies and development areas that may impact growth, reputation, or continuity.
Our services include:
Maturity assessment of business processes
Benchmarking against global methodologies
Development of improvement roadmap including risks and actions
✔ Corporate Governance and Compliance
Corporate governance ensures transparent and accountable management for the benefit of all stakeholders.
Our solutions include:
Board and committee structure design and improvement
Organizational and senior management restructuring
Corporate governance compliance assessment
Development of policies and procedures
