You know that
you are an expert in risk management, internal control and providing
independent assurance but sometimes you feel like a prophet without honour in
your own land.
The Wayside Network can provide you with the support you
need to convince your directors, your audit committee and the other senior
management you work with. This can take the form of presentations, workshops,
one to one sessions with Audit Committee members or papers on areas they need
to know more about. We can also interview your customers and provide you with
feedback on your performance. It is possible to extend this into a full-scale
review of your operations with a report to your audit committee highlighting
strengths, areas for development and where they may need to consider the
adequacy of your resources.
It is best practice for audit committees to
evaluate their own effectiveness. We can obtain information to help them do
this from interviews with committee members and others who attend the meetings.
We summarise the results to ensure the best use of time within committee
meetings.