Building an Effective Internal Audit Function with Mckell Risk Management
- Date Listed19/08/2021
Mckell Risk Management Pte Ltd, a Singapore incorporated company and a Full Member of the Sustainable Energy Association of Singapore (SEAS), is a strong advocate in promoting corporate social responsibility (CSR) and the integration of sustainability with strategy and performance for all businesses.
Founded in 2017 by Noel Lee and partners of the SingAssure Group, the boutique practice firm serves as internal auditor, risk management and sustainability reporting consultant for SGX listed companies and their subsidiaries, and overseas conglomerate business operations. In our 10-years business strategic plan, we envision becoming one of Singapore’s representative sustainability and technology-based consulting and assurance firms supporting small to medium-sized companies to thrive in the new market landscape driven by data governance, digital transformation and carbon reduction strategies.
For many listed companies in Singapore, outsourcing of their internal audit is the most effective approach to achieving a high-performing and cost-efficient internal audit function. We support Boards and Audit Committees in the following type of internal audit and assurance services to satisfy the requirement of SGX Listing Rule 719: -Risk-based evaluation of the design, adequacy and operating effectiveness of operational, compliance, technological and financial controls in accordance with the International Standards for the Professional Practice of Internal Auditing (IIA Standards) of the Institute of Internal Auditors (IIA) recognized by SGX RegCo -Review of internal control over financial reporting -Review of General IT Controls (GITC), network and information security and IT governance system -Enterprise Risk Management Assurance -Third-Party Risk Assurance - Outsourced Service Provider's Audit Report -Special review, fraud & investigative audit.
Professional memberships and designations held by the founder and co-founders of the company: -Certified Information Systems Auditor (CISA) -Certification in Control Self-Assessment (CCSA) & Member of the Institute of Internal Auditors Singapore (MIIA) -Chartered Accountant Singapore & Chartered Certified Accountant (ACCA) -Member of the Chartered Institute for Securities & Investment (MCSI) -Practitioner Certificate in Personal Data Protection (Singapore)
Contact us at Noel.lee@Mckell.com.sg for a discussion to explore how we can help you to build a strong and effective internal audit and governance function for your organisation.