+ Internal Audit Co-sourcing & Outsourcing

Insyte provides a broad spectrum of internal audit services, including full outsourcing, co-sourcing, and project-based assistance. Our internal audit services are based upon a partnership with our clients to understand their needs and help them achieve their business objectives. We work closely with the audit committee, management, and the existing internal audit function. In addition, we generally spend time at no expense to our clients to understand the environment and their needs prior to providing a proposal on any services. Insyte does not take a one-size-fits-all approach to internal audit services which significantly enhances our ability to exceed our clients’ expectations.

+ Internal Control Assessments

Insyte offers non-assurance based internal control assessment services designed to provide management with insight over the strength and weaknesses of an organization’s internal control environment. Our internal control assessments can range from an evaluation of a specific business function, e.g., disbursements, payroll, etc., to a complete enterprise assessment. The most common internal control assessment we perform is over information technology control environments. Our assessments include meeting with relevant personnel, identifying existing internal controls, and reviewing applicable policies and procedures. We also perform testing of internal control operating effectiveness, if requested. The output of our internal control assessments includes recommendations for strengthening the internal control environment. We also generally identify multiple value-added process improvements to increase operational efficiency.

+ Sarbanes-Oxley (SOX) Compliance

Section 404 of the SOX Act requires public companies to certify to the effectiveness of Internal Control Over Financial Reporting (ICFR). This section is particularly challenging due to its many requirements. One such requirement is that public companies must develop a compliance plan that includes the appropriate steps to ensure significant risks have been identified and assessed and key internal controls are in place to mitigate the identified risks. Our team at Insyte has many years of experience assisting companies with SOX compliance requirements. Our services range from initial readiness assessments and control optimization to providing assistance with on-going SOX compliance.

+ Fraud and Forensic Services

Sometimes bad things happen. When an organization suspects or identifies fraud, it can be an overwhelming task for management to investigate the cause, determine the impact, and undertake remediation efforts. Insyte provides fraud and forensic services to assist clients that have identified or suspected potential fraudulent activity within their organization. Our services include forensic investigations, data analytics, damage calculations, expert witness testimony, and fraud risk management. Insyte’s credentialed professionals have extensive forensic expertise to help our clients navigate when bad things do happen.