Although internal audits are often thought of simply as a necessary evil, they can be so much more--and much more straightforward than generally thought.
When proper resources are allocated to this complex and potentially highly effective process, the results include increased productivity, increased understanding of company structure and business processes, and the raising of important questions (and answers) that can lead to significant improvements to your business.
Fulcrum provides audit planning, training, management, and performance of all kinds including internal audits, gap assessments, vendor audits, product audits, process audits, and pre-assessment audits
- Our auditors understand the importance of process auditing - and even more importantly, understand how to effectively approach your business from a process- rather than checklist- oriented perspective
- Our auditors have extensive training and experience in communicating and working effectively with people, and handling sensitive situations
Fulcrum takes a unique approach to the internal audit process:
How Fulcrum is uniquely qualified to assist you in achieving your internal audit goals:
- Most inexperienced (and even many experienced) auditors approach the audit with checklist in hand, performing what is commonly referred to as a "Checklist Audit." This process addresses each requirement according to a list of requirements, and can be effective in establishing conformance, but does not consider how a business is actually functioning
- Our audits determine conformance through an individualized, thoroughly prepared Process Audit, which not only uncovers potential problems in your system, but also points toward solutions, where appropriate
- Our goal is not merely to meet the standard, but to ensure that your company benefits from a thorough, expert approach to the entire audit process
Why many companies often aren't satisfied with the results their own internal audits:
- Companies often find internal audits to be a waste of time, and do not experience a return on their investment of staff time and resources. This is the result of a variety of factors. Some of these include:
- Inexperienced auditors (after all, they weren't hired to act as auditors!)
- Lack of resources to put into training these auditors
- Relationships with co-workers often hinder internal auditors from being unbiased and thorough in their investigating and reporting of findings
- Workers are often reluctant to openly submit their work to co-workers, fearing bias, judgment or gossip
- It takes many hours or even years of experience to learn to write an audit report that adds value to the business