Minimising operational risk, promoting good governance
Public sector organisations are increasingly under financial pressure and trying to do `more for less’. At the same time, the demands and expectations of stakeholders and service users are increasing and there is less tolerance of poor practice or wastage.
At BDO, we know that public sector organisations strive to embed the principles of good governance. Our internal audit clients work with us to agree their risk profile and priorities. Our experienced internal audit team are there to advise on industry-wide or emerging risk areas and devise a strategic audit plan that is genuinely aligned to organisational objectives. BDO’s team is always monitoring changing risk priorities or risk incidents which may result in plans being changed and urgent issues escalated to senior management or the Board.
We recognise that the nature of public sector organisations themselves are changing. Many are focused on income generation initiatives, transformation in strategy or becoming increasingly data-led. Our team adapts to the needs of each organisation based on its local challenges and strategies. What sets us apart is an empathy with the public sector, as all of our team have either worked in the public sector or chosen to specialise in public sector work. We provide full outsourcing, co-sourcing and independent service reviews of internal audit.
With the reach and resources of a firm like BDO, your public sector internal audit team can provide you with up-to-date information about risk management, good governance and minimising operational risk. The BDO Public Sector Team provides our clients with seamless internal audit services including:
- Public sector consultancy – We work closely with public sector clients to provide a range of advisory services, including strategy, transformation, business case advisory, cost reduction, quality improvement and related services.
- Infrastructure Advisory - Supporting public sector clients to deliver infrastructure projects eg housing, hospital estates development, emergency services, education.
- Forensic Advisory – Swift, discreet and detailed investigations for clients where ‘red flags’ have been raised regarding financial or other irregularities.
- Technology Risk Advisory – Complete suite of services from a team experienced in all aspects of IT security and efficiency.
Our teams hold a range of relevant qualifications and related specialist qualifications (eg CISA). We are accredited for internal audit services. If your organisation is considering appointing internal auditors, please contact us to discuss how we can work with you to provide a value added service.