Service

INTERNAL AUDIT AND RISK MANAGEMENT SERVICES

ESTABLISHING AND TRANSFORMING INTERNAL AUDIT ACTIVITIES

APS Consulting offers full support in establishing and developing internal audit activities for organizations. We can assist in designing and implementing internal audit frameworks, defining roles and responsibilities, building internal capabilities, and setting up the governance and foundations of the internal audit function. Our services encompass comprehensive help to transform existing internal audit activities and build new ones from scratch. Our experts collaborate with clients to develop internal audit charters, policies, and procedures that align with international standards and best practices. Establishing a robust internal audit function enhances an organization's governance, risk management, and control processes.

EXECUTING RISK BASED INTERNAL AUDIT PLANS

Our team specializes in implementing internal audit work based on a comprehensive risk assessment. We conduct risk assessments to identify and prioritize areas of risk within organizations. Based on the assessment, we collaborate with you to design risk-based audit plans, develop audit programs, and execute audits to provide valuable insights and recommendations. Our approach ensures that internal audit activities are focused on addressing critical risks and adding value to your organization

OPERATING INTERNAL AUDIT DEPARTMENTS

APS Consulting offers comprehensive support services for internal audit departments. We can work with your in-house team as an outsource or co-source solution. Our goal is to establish efficient audit methodologies, develop audit manuals, and implement standardized audit processes. Our experts provide guidance on resource allocation, talent management, and technology utilization to optimize the effectiveness and efficiency of internal audit operations. We can also help set up performance measurement frameworks, key performance indicators (KPIs), and reporting mechanisms to monitor and improve the performance of internal audit departments.

SUPERVISING INTERNAL AUDIT FUNCTIONS

We provide supervision services to ensure the effectiveness and quality of internal audit activities. Our experienced professionals conduct periodic reviews of internal audit work, assessing adherence to professional standards, methodologies, and best practices. We offer guidance on improving audit processes, enhancing risk coverage, and strengthening internal controls. Through our supervision services, we help internal audit departments maintain high standards of excellence and continuously improve their performance.

QUALITY ASSESSMENT SERVICES FOR INTERNAL AUDIT ACTIVITIES

APS Consulting offers quality assurance services to evaluate and enhance the quality of internal audit work. We conduct independent external assessments of internal audit activities, reviewing their compliance with IIA standards, code of ethics, and internal audit best practices. Our experts provide recommendations to improve audit methodologies, reporting formats, and overall quality assurance processes. By ensuring the quality of internal audit work, organizations can have confidence in the reliability and efficiency of audit findings and recommendations.

Implementing Internal Control and Risk Management System

We specialize in developing robust risk management systems and controls tailored to the unique needs of organizations. Our experts assist in identifying, assessing, and mitigating risks through the development and implementation of risk management frameworks. We help organizations establish risk identification and assessment methodologies, develop risk registers, and design risk response plans. By embedding effective risk management systems and controls, organizations can proactively manage risks and seize opportunities.

Establishing Enterprise Risk Management Functions

APS Consulting provides comprehensive services for establishing enterprise risk management (ERM) frameworks. We work closely with organizations to develop ERM strategies, policies, and frameworks based on industry best practices. Our experts assist in integrating risk management practices into organizational processes and decision-making. We help identify and assess enterprise-level risks, develop risk appetite statements, and establish risk governance structures. By implementing ERM, organi can enhance their ability to navigate uncertainties, make informed decisions, and achieve strategic objectives

We provide you with a chance to expand your business

We provide you with a chance to expand your business successfully.

Michael Lee Riyadh

The expertise and dedication of APS Consulting helped us navigate challenges effectively and achieve our goals with confidence. Highly recommend their services to any business.

Sarah Johnson Riyadh

APS Consulting transformed our business strategy, leading to remarkable growth and success.

why choose us ?

Why Choose APS Consulting for Expert Business Consulting?

APS Arabia delivers tailored solutions, expert insights, and strategic guidance to help businesses thrive. Our experienced consultants ensure growth, risk management, and market success with data-driven decision-making and personalized support.

Long-Term Partnerships

We don’t just provide solutions; we build enduring relationships that drive continuous success.

Innovation

We understand that every organization is unique. Our approach ensures customized strategies that align with specific business needs.

Expertise

With nearly two decades of success, we have guided businesses across multiple industries toward achieving sustainable growth.