AVAKA Financial Services
South AfricaSpecialist capacity

Internal audit co-sourcingAdd specialist depth without losing ownership of the function.

Co-sourcing gives the internal team access to additional capacity or technical expertise while preserving its mandate, methodology, stakeholder relationships and institutional knowledge.

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South African business environment representing internal audit co-sourcing

Standalone service

Internal audit co-sourcing

Targeted expertise and delivery capacity integrated into the existing internal audit function.

Questions this service answers

A precise scope starts with the right question.

  1. 01

    Which parts of the plan require skills or capacity the current team does not hold?

  2. 02

    How should responsibilities, review and reporting be divided?

  3. 03

    What knowledge must remain with the internal team after delivery?

Defined outputs

Evidence designed for action.

Final coverage follows the agreed target, authority, materiality and evidence available. These are the core outputs around which the engagement is built.

  • 01

    Defined co-sourcing roles and quality responsibilities

  • 02

    Specialist engagement plans aligned to the audit methodology

  • 03

    Integrated working papers and reporting

  • 04

    Knowledge transfer and capability handover

Delivery discipline

A method that protects the conclusion.

  1. 01

    Frame

    Set the mandate

    Confirm scope, stakeholders, materiality and the decisions the work must support.

  2. 02

    Map

    Trace risk to control

    Connect objectives, risks, controls, evidence sources and accountable owners.

  3. 03

    Test

    Challenge the evidence

    Use proportionate sampling, analytics and interviews to test design and operation.

  4. 04

    Land

    Make action unavoidable

    Report root causes, prioritise exposure and agree realistic remediation ownership.

Reference points

Criteria agreed before testing begins.

  • Global Internal Audit Standards
  • King V governance principles
  • PFMA and MFMA context where applicable

Applicability and final criteria are confirmed during engagement scoping.

Also in Internal audit

Related services

01.03Internal audit quality assessmentA focused assessment of conformance, performance and improvement priorities for internal audit.01.04Targeted control reviewA defined review of a high-risk process, programme, project or performance information chain.01.05Internal audit function designCharters, governance, audit-universe design and strategic planning for a credible internal audit function.

Start with the target

Define what this internal audit co-sourcing needs to prove.

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