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Auditing Services

Internal Audit Services

Internal audit answers a different question from the statutory audit: not “are the numbers right?” but “will the business catch it when something goes wrong?”

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Growing businesses accumulate risk quietly: payments approved by one person, inventory nobody counts, revenue leakage nobody measures, policies that exist on paper only. Internal audit examines processes and controls systematically — and unlike the statutory audit, its findings are for management’s eyes and management’s benefit.

Taxspire provides internal audit as an outsourced function: an agreed audit plan across your risk areas, periodic fieldwork, and reports that rank findings by real exposure with specific, owner-assigned recommendations. For SMEs this delivers the discipline of an internal audit department at a fraction of the headcount cost.

Who it’s for

Who needs this

Owner-managed businesses where trust substitutes for controls
Companies that have experienced fraud, leakage or near-misses
Groups needing consistent controls across entities and branches
Boards and audit committees requiring independent assurance
Challenges

Problems this solves

Cash and payment processes dependent on a single trusted person
Inventory shrinkage or revenue leakage with no measurement
Rapid growth outpacing the controls that existed at startup scale
No independent eyes on high-risk processes
Our scope

What Taxspire provides

01

Risk assessment and a prioritised internal audit plan

02

Process and controls testing across finance and operations

03

Fraud-risk reviews of high-exposure areas

04

Ranked findings reports with assigned, practical fixes

05

Follow-up cycles verifying that fixes actually happened

The process

How it works

Step 01

Risk mapping

We identify where the business can be hurt and rank the exposure.

Step 02

Plan

An audit calendar covers the highest risks first.

Step 03

Fieldwork

We test controls with walkthroughs, sampling and data analysis.

Step 04

Report & follow-up

Findings, owners and deadlines — then we verify remediation.

What we’ll need from you

Organisation chart and delegation of authority
Policies and SOPs, where they exist
System access for the processes in scope
Financial and operational reports
Prior audit or incident reports

Expected timeline

A first risk assessment and plan takes 1–2 weeks; individual audit cycles run 1–3 weeks per area depending on scope. Most clients operate a quarterly cycle.

Timelines depend on document readiness and authority processing; we confirm a schedule before work begins.

Why us

Why choose Taxspire

Clear advice, no jargon

Every recommendation comes in plain language with the reasoning attached — you decide from understanding, not trust alone.

Responsive communication

A named team, a direct line, and answers within one business day. You will never chase us for your own numbers.

Experienced specialists

A 50-person team across tax, accounting, audit and compliance — depth in each discipline, one point of contact for you.

Reliable turnaround

Deadlines are planned backwards with margin. Filings go in before due dates, not on them.

FAQ

Frequently asked questions

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Free, no-obligation. We’ll confirm exactly what applies to your business and what it costs.