Internal Audit, scoped around your position.
Assess internal controls, risk management and compliance to improve operational efficiency and prevent financial surprises.
Internal audit evaluates selected processes, risks and controls against an agreed scope. The work should document criteria, evidence, findings, ownership and remediation dates without implying statutory assurance.
Reviewed against current official guidanceContent review date: 2026-08-30. The official authority remains the source of truth for eligibility, deadlines, fees and processing.
When this service may be relevant
Management wants an independent control review
A process has repeated errors or unexplained losses
Governance requires a risk-based audit plan
Prior findings need remediation testing
Records to prepare
Policies, process maps and authority matrix
Risk register and prior findings
Transaction samples and system reports
Management explanations and supporting evidence
Expected work products
- 01Scope and audit programme
- 02Evidence-based findings report
- 03Risk-ranked action plan
- 04Remediation follow-up tracker
Important scope limits
- Internal audit is distinct from a statutory external audit
- Sampling does not guarantee detection of every issue
- Management owns control design and remediation decisions
Primary sourceFederal Tax Authority — Corporate Tax
Check the authority page for the latest service rules and published procedures.
Open official guidance