Our Services to Meet your Needs

Internal Audit and Review

Co-sourcing or outsourcing internal audit work can reduce costs, free up capital, and enhance your ability to focus on what you do best. It can also provide you with the ability to tap into specific skill sets, industry knowledge and global resources on an 'as needed basis.
With organizations being driven to do more with less, our internal audit (IA) function has become a prime candidate for strategic sourcing. This can include outsourcing the entire function or just certain critical elements. Like many other functions, IA has become highly sophisticated and virtually a business in itself. Achieving effective IA capabilities requires a significant level of investment in skilled resources, methods, training and technical infrastructure.

By outsourcing your internal audit function, you can:
• Convert fixed costs to variable costs
• Gain access to highly skilled and experienced professionals
• Leverage effective knowledge sharing and thought leadership
• Obtain a fresh perspective and an added level of scrutiny
• Eliminate internal audit training and recruiting costs
• Enjoy greater staffing flexibility, especially as special projects arise through co-sourcing.
• Manage specific areas of your internal audit program
• Launch new projects
• Improve the effectiveness of your internal audit function

Challenges	How can we help?
Strategy and governance	Advising on Internal Audit Charter, strategy and governance arrangements Establishing your Internal Audit function Transforming your Internal Audit function
People and capability	Training and capability development Co-sourcing during headcount and skills gap in the short term Outsourcing to manage your cost more effectively
Coverage and assurance	Developing risk assessments, Internal Audit plans and scope Developing or enhancing Internal Audit methodologies Integrating assurance across the three lines of defence
Efficiency	Audit methodology efficiency review Audit Management Systems selection, configuration, implementation and training Providing and maintaining back-office operational support as an outsourced Professional Practices Unit
Quality assurance and performance improvement	Quality assurance review Internal Audit Benchmarking Internal Audit performance improvements

Challenges	How can we help?
Strategy and governance	Advising on Internal Audit Charter, strategy and governance arrangements Establishing your Internal Audit function Transforming your Internal Audit function
People and capability	Training and capability development Co-sourcing during headcount and skills gap in the short term Outsourcing to manage your cost more effectively
Coverage and assurance	Developing risk assessments, Internal Audit plans and scope Developing or enhancing Internal Audit methodologies Integrating assurance across the three lines of defence
Efficiency	Audit methodology efficiency review Audit Management Systems selection, configuration, implementation and training Providing and maintaining back-office operational support as an outsourced Professional Practices Unit
Quality assurance and performance improvement	Quality assurance review Internal Audit Benchmarking Internal Audit performance improvements

Business Advisory Services and Restructuring Consultancy Services

We provide support for business start-ups and development. We can also assist if you should decide to restructure or cease business operations. Whether you require assistance in the development of business plans and financial forecasts, reviewing and advising on internal controls, or advising on closing down your business.
NPS's services include the following:
• Assisting in the development of your business plans and financial forecasts
• Reviewing and advising on internal controls
• Advising on closing down your business

Accounting and Financial Reporting

We assist you in reviewing and preparing business reports to comply with increasingly complex financial reporting requirements. These functions include assessment of monthly financial reports, budget preparation and review, and analysis of key ratios and indicators of financial performance.
Our Accounting & Financial Reporting Services assessment is performed in accordance with the International Financial Reporting Standards (IFRS).

Tax advisory and Compliance

Our tax experts offer a comprehensive range of tax advisory and compliance services. We can advise on business structures, carry out tax due diligence, conduct offshore claims analysis and lodge offshore claims, and resolve tax disputes with a view to minimising tax and penalty exposure.
Our services include the following:
• Tax Advisory
• Advising on business structures as well as investment holding strategies, including group restructuring and transfer of business
• Structuring tax efficient employee remuneration packages, including housing, share-based benefits and overseas secondment
• Resolving tax disputes with a view to minimising tax and penalty exposure
• Conducting offshore claims analysis and lodging offshore claims
• Carrying out tax due diligence

Governance, Risk and Compliance

We provide an integrated governance, risk and compliance solution to assist you in establishing a healthy corporate governance framework. Our services include:
• Reviewing the governance structure and accountability of the board and management
• Providing a customised system application and tailored training to enhance disclosure, and meet regulatory and compliance requirements