Management requires assurance about the efficiency of business processes, resource utilization and the hedging of the risks involved. Our independent and objective internal auditors help to identify the main risk areas and the needs and opportunities for change. If necessary, a detailed action plan is prepared to implement appropriate changes.

Our internal audit services:

• Internal Audit Co/Outsourcing:
  • preparation of internal audit work plans
  • performance of internal audits, considering the wishes of different interest groups within the organization
  • performance of internal audits, considering the requirements set by standards and/or legislation
  • participation of KPMG's internal auditors (as audit managers or team members) in the client's (internal audit) team
• Enterprise Risk Management:
  • identification of risks relevant for the organization
  • assessment of the impact and significance of risks
  • analysis of the organization's risk management process, identification of development needs and opportunities
  • identification of fraud risks
• Strategic Performance Review:
  • assessment of the adequacy and effectiveness of the existing internal audit system, considering the wishes of different interest groups within the organization
  • assessment of the adequacy and effectiveness of the existing internal audit system, considering the requirements set by standards and/or legislation
  • advice in developing the existing internal audit system
  • advice in the establishment and effective implementation of an internal audit system
  • advice in systematic development of an internal audit system
  • training in risk assessment and internal audit
• External evaluation of the clients' internal audit system in accordance with the Standards issued by IIA (The Institute of Internal Auditors)

Why choose KPMG in Estonia?

• We have extensive experience in business process design and risk assessment both in the public and private sectors.
  
• An international collaboration network and top skills in different fields of management allow us to offer our clients integrated internal audit solutions

What are the benefits for the client?

• Identification of significant risk areas and development opportunities within the organization enables the company to reinforce its competitive advantages and to create new ones.
  
• An objective evaluation of process management efficiency allows adopting high quality management decisions.
  
• A systematic and organized approach to risk assessment and management is an essential basis for achieving an organization's goals.

For further infomation, please contact:
Karin Rätsep
Head of Internal Audit Services
Tel: +372 6 268 751
e-Mail