The dynamics of today's global business environment are driving organisations everywhere to seek new ways to improve their competitive advantages. Across industries and organisations, many business leaders are recognising that risks are no longer merely hazards to be avoided but, in many cases, opportunities to be embraced. However, stakeholders also recognise that excessive risk taking can adversely affect organisations and, in extreme cases, may even lead to their collapse, as demonstrated by several spectacular corporate failures in the past few years.
Demand for high quality internal audit services has therefore grown exponentially as the global awareness of the importance of good corporate governance, effective risk management and appropriate internal controls continues to grow.
Over the last five years, the Internal Audit, Risk and Compliance Services (IARCS) practice has grown significantly. In February 2009, we have over 4,800 internal audit professionals practising in 45 countries providing a full spectrum of advisory services tailored to the specific requirements of clients all over the world.
The IARCS practice has been established in Hong Kong SAR for more than 10 years, as well as Beijing, Shanghai, Guangzhou and Shenzhen,in order to meet client demand for internal audit services in China and Hong Kong SAR.
IARCS Service Overview (interactive and print versions)