Internal Audit & GRC Advisory
SimplyFI’s Internal Audit & GRC Advisory
With our internal audit and risk management heritage, we have gained unique perspectives on the challenges faced by our clients.
Why Choose SimplyFI?
SimplyFI’s Internal Audit and& GRC Advisory help organizations enhance their internal audit functions, ensuring alignment with stakeholder expectations and industry standards. We provide comprehensive services to improve control, compliance, and efficiency across all levels of the organization.
Strategic Alignment with National Vision
SimplyFI provides services aligned with national goals, ensuring your internal audit practices are strategically aligned with the overarching vision.
Internal Audit Co-Sourcing
SimplyFI’s Internal Audit Co-Sourcing professionals provide organizations with technical and expert resources on-demand, without the need to hire full-time staff. Our industry and risk resources serve as qualified assets for the business.
Internal Audit Full Outsourcing
SimplyFI's Internal Audit Outsourcing professionals help organizations meet their internal audit needs under a full-service outsourcing arrangement, providing insights on core operations and support functions.
Internal Control Review
SimplyFI’s Internal Control Review professionals help companies establish an integrated, sustainable internal control framework, assessing internal control over financial reporting and providing improvement recommendations.
Internal Audit Quality Assurance Reviews
Our professionals help organizations evaluate conformance with international standards, identifying opportunities to improve internal audit performance and services.
Internal Audit Transformation
SimplyFI’s Internal Audit Transformation professionals help organizations align internal auditing practices with stakeholder expectations, including services such as Audit Committee Charters, Governance Structure, and IA Plan Development.
Internal Audit Training and Workshops
SimplyFI conducts training and workshops to enhance skills and create awareness on standards changes, ensuring your internal audit team is up-to-date.
Internal Audit Technology/ Tool Implementation
We assist organizations in integrating technology within their internal audit functions, making it an essential part of continuous improvement and control.
Continuous Controls Monitoring (CCM)
SimplyFI’s CCM professionals design and implement tools for real-time data analytics, evaluating business transactions and identifying abnormal activities.
High Value Auditing & IT Audit Reviews
SimplyFI provides expertise for specialized, ad hoc consulting work, including revenue assurance, diagnostic and process health checks, and IT audit reviews.
Governance Solutions
- Board Governance Structuring
- Board and Board Committee Charters
- Board Induction Training
- Subsidiary Governance Frameworks
- Corporate Policies covering:
- Disclosure and Transparency
- Conflict of Interest
- Code of Conduct
- Whistle Blower
- Policies & Procedures, Delegation of Authority & Segregation of Duties (SOD) Review
- Board Meetings Management Systems
List of our core Internal Audit & Risk Advisory services
Enterprise Risk Management Solutions
- Risk Management Function Governance Structure
- Risk Management Framework
- Risk Appetite and Assessment Criteria
- Risk Identification and Assessment
- Risk Monitoring and Reporting
- Risk Quantification
- ERM Training and Risk Culture Workshops
- Risk Management Maturity Assessment
- Risk Management Tool Advisory and Implementation
- Compliance Management Function Governance Structure
- Compliance Frameworks
- Compliance Assessment
- Compliance Obligations Registers
- Compliance Function Maturity Assessment
- Compliance Monitoring and Reporting
- Third Party Due Diligence Frameworks
- Anti-Bribery and Anti-Corruption Policies
- Anti Money Laundering Policies
Forensic Investigation
- Data analytics to quickly and unobtrusively detect irregularities and anomalies
- Accounting irregularities and procurement fraud
- Background searches and integrity due diligence
- Bribery and kickbacks, conflicts of interest
- Regulatory investigations
- Employee or management misconduct
- Foreign Corrupt Practices Act and UK Bribery Act
- Misappropriation of assets
- Money laundering investigations and asset tracing
Strategy and Components
- Anti-fraud programs and controls
- Anti-Bribery & Anti-Corruption (ABAC) programs and controls
- Setting up Fraud Containment Unit
- Investigation protocols and procedures
- Incidence response planning
Fraud Risk Management
- Fraud risk assessment
- Fraud risk mitigation programs
- Fraud risk awareness and training programs
- Establishment of Whistle Blower mechanism
- Establishment of code of conduct/ethics for employees and vendors
Contact Us
Our Address
3rd Floor, Bader Business Center
Building 2342, Road 2830, Block 428
Seef, Kingdom of Bahrain
Email Us
Email: contact@simplyfi.me
Call Us
+973-32210515
