In the light of these requirements and in order to endorse a strong control environment throughout the organization promoting efficiency and effectiveness, Pegas specialists can help your organization:

- Build the Internal Audit function
- Restructure existing Internal Audit function to correspond your objectives
- Develop/review Audit Committee documentation (e.g. Audit Committee charter)
- Develop / review / update internal audit plans
- Execute internal audit plans
- Develop and review internal audit reporting templates for management
- Monitor internal audit plan progress and performance
- Recruit and train internal audit personnel

Considering your stated strategic and operational goals, we can help you develop an effective Internal Audit function based on your risk profile, available resources and regulatory requirements. Your company will gain from efficiencies created through integration of internal audit with business objectives and other functions.

In order for Internal Audit function to achieve its objectives, we approach our projects considering and guided by the following:
- Diagnosis: thorough diagnosis of your company, existing Internal Audit function (if applicable to get a good understanding of your organization particularities
- Risk profile based audit plan: based on the diagnosis results and risk profile analysis
- Planning/ Resourcing: to effectively plan and staff the internal audit projects, considering priority, process owner schedule, ways to leverage work already performed
- Management reporting: to ensure that reports achieve their objectives and scope and that they are relevant to management for decision making
- Monitoring/Updating: to ensure sustainable quality and relevance in projects planning, execution, reporting and monitoring

The Internal Audit department performs well when its activity and objectives are directly correlated to your company specifics and objectives, low performance of Internal Audit departments being generated by these types of discrepancies. An appropriate evaluation of your current Internal Audit department, or rigorous analyses of your company in order to introduce such department are the first steps in ensuring your future success.