With Russian companies becoming more integrated into global financial markets, major Russian corporations extending their footprint across the globe, the Russian government taking steps to establish Moscow as global financial centre and most recently Russia joining the WTO, the importance of sound risk management, strong internal controls and transparent corporate governance is increasingly being recognised.
Internal audit has a vital role to play here by providing insight and assurance to boards on the effectiveness of internal controls and, where there are weaknesses, acting as an internal consultant - an agent of change - to help bring about necessary improvements. A high performing internal audit department can act as a catalyst for creating value for your business, by helping to anticipate issues, eliminating duplicate or excessive internal controls and identifying potential performance improvements.
PwC Russia has assembled a strong team of internal audit experts combining deep experience of the realities of the Russian business environment together with a wide knowledge of international best practice to assist our clients improve their processes. Whether you are a board member, CFO or head of internal audit, with our global footprint and strong local team we offer flexible, scalable solutions tailored to your unique needs. Read on to see just a few of the ways we can help.