Quality Assurance Reviews
Audit Committees and Chief Audit Executives (CAE’s) need assurance that their internal audit activity and staff conform to all mandatory elements of the IIA’s International Standards for the Professional Practice of Internal Auditing (Standards). Our Monaco executives are IIA trained and have performed Quality Assurance Reviews for a number of large internal audit shops.
PROJECT MANAGEMENT
From monthly close to internal audit plans to ERP implementations, projects are constantly ongoing within the business environment. Monaco consultants have decades of experience successfully managing projects of all shapes and sizes, from overseeing the close the books process to individual internal audits to systems implementations and PMO.
Cyber Security Assessments
The world of cybersecurity is broad and complex. Organizations must address these ever-increasing risks and vulnerabilities from both a strategic and tactical standpoint. Strategic efforts include risk assessments, prioritization, and budgetary concerns. Tactical efforts require more specialized talents related to specific areas of cybersecurity, such as penetration testing, firewall configuration, or threat detection/elimination. Monaco professionals support organizations from the more strategic standpoint of cybersecurity. Our professionals will perform structured risk assessments and maturity assessments to determine the effectiveness of the organization’s cybersecurity program, identify gaps in the program, and provide recommendations to management on the prioritization maturity and on closing identified gaps.
Policies and Procedures
A key foundational component of an effective governance structure is a robust set of organizational policies and procedures. Whether you are seeking resources to develop a completely new set of policies and procedures, provide recommendations to update your existing, tired policies and procedures, or to test the effectiveness of your policies and procedures, Monaco professionals can support your team through the process at the appropriate level of interaction you desire.
Fraud Investigations
The proper procedures, techniques and skills must be used to conduct an effective fraud investigation. Monaco has expertise and extensive experience in performing fraud investigations, as well as, access to additional fraud tools and resources through our business partners. Our experts work closely with your legal counsel to assess the validity of allegations, develop case files and, if necessary, coordinate with district attorneys and law enforcement.