Internal Audit Plan Execution

GRF takes a risk-based approach to our Internal Audit engagements to increase the overall value to our clients. By prioritizing the highest risk areas, the organization can proactively identify vulnerabilities and enhancements to the most critical processes.

In order to properly administer an effective Internal Audit solution, a hybrid of on-site and remote fieldwork can be utilized to reduce costs and ensure that engagement objectives are achieved. GRF travels across the world for our clients and leverages a network of international professionals to partner on engagements to meet objectives in a timely and efficient manner.

A typical Internal Audit engagement is 6-8 weeks

Onsite and Remote Fieldwork

Our Internal Audit professionals travel across North America, South America, Europe, Asia, and Africa to administer Internal Audit solutions for our clients. We utilize cutting-edge technology to take advantage of the efficiencies and cost-savings of performing remote procedures when possible.

Observations and Recommendations

At the end of an engagement, organizations receive a Risk & Advisory Report with detailed observations and recommendations. GRF’s recommendations are actionable
and customized to leverage an organization’s strengths. The report prioritizes next steps for all elements of the assessment.

Typical Internal Audit Engagement Timeline

  • Planning and information gathering (Weeks 1-2)
  • Fieldwork (Weeks 3-6)
  • Report formation and delivery of drafts (Week 7)
  • Report finalization and next steps (Week 8+)

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Aug 15
Webinar | 11:00 am - 12:00 pm

Navigating the Complexities of Endowments

Dec 10
Workshop | 12:00 pm - 3:00 pm

GRF Cybersecurity Symposium

Melissa Musser, CPA, CIA, CITP, CISA

Partner and Director, Risk & Advisory Services