Compliance, fraud, reliability, scrutiny, transparency, skepticism; these are but a few of the terms that illustrate the renewed importance of the external and internal audit function.  All involved have an important role to play in re-building public trust.  It is important that as your auditor, we understand your business or organization and its specific risks, then focus our efforts where it matters most.
External Audit
Importance on delivering a consistent approach in planning and risk assessment
Pinpointing areas that present the greatest risk
Testing internal controls where appropriate
Internal Audit
 
Assessing the internal effectiveness of your risk management policies and management practices
Objective analysis to add value and improve organizational operations
Collaborative and proactive approach in working with management teams