Internal Audit & Assurance

Turning Assurance into Insight. Driving Trust. Enabling Performance.

Why Internal Audit Matters More Than Ever

In today’s rapidly changing risk and regulatory environment, organisations can no longer see Internal Audit (IA) as a compliance function alone. It must act as a trusted advisor that provides independent assurance, foresight, and confidence to boards, regulators, and stakeholders.

At Falconry Solutions, we reimagine Internal Audit as a value-adding partner — one that not only identifies control weaknesses but also delivers insights to strengthen governance, enhance resilience, and improve performance.

Our Internal Audit & Assurance Service Portfolio

Internal Audit Outsourcing & Co-Sourcing
  • End-to-end IA delivery or augmentation of your in-house team.
  • Access to specialised sector, regulatory, and technical expertise.
Internal Audit Function Setup
  • Establish IA charters, governance models, and methodologies.
  • Build IA teams, reporting structures, and operating models from scratch.
Risk-Based Audit Planning
  • Develop audit universes aligned with enterprise risks.
  • Prioritise audit coverage based on materiality and risk appetite.
Quality Assurance Reviews (QAR)
  • Independent assessment of IA functions against IIA Global Internal Audit Standards.
  • Provide recommendations to improve efficiency and impact.
ICFR & Controls Testing
  • Evaluate internal controls over financial reporting (ICFR).
  • Review ITGCs, process controls, and entity-level controls.
Continuous Auditing & Analytics
  • Integrate data analytics, automation, and AI into audit cycles.
  • Move from periodic reviews to near real-time assurance.
Thematic & Specialised Audits
  • Conduct deep dives into ESG, cyber, privacy, and regulatory compliance areas.
  • Assess readiness for new standards and frameworks.
Staff Augmentation & Training
  • Provide skilled IA professionals on demand.
  • Upskill your team in audit techniques, analytics, and emerging risk areas.

Powered by Falconry360

Our Falconry360 Audit Suite brings technology into the heart of assurance:

  • Real-Time Audit Dashboards – Board- and management-ready reporting.
  • Automated Audit Workflows – Streamlined planning, execution, and follow-up.
  • Risk–Audit Linkages – Directly connect audit findings with enterprise risks.
  • Evidence Repository – Centralised, audit-ready documentation and control results.
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The Benefits of a Transformed Audit Function

Board Confidence

Transparent and risk-aligned assurance.

Regulatory Trust

Demonstrated compliance with international standards.

Efficiency Gains

Reduce cycle times through automation and smarter workflows.

Strategic Insights

Move beyond findings to deliver actionable recommendations that improve performance.

Reimagine audit as a driver of trust and performance.

With Falconry Solutions, Internal Audit becomes a catalyst for resilience, transparency, and sustainable growth.

Confidence to transform