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Internal Audit & Compliance Services

Internal Audit & Compliance: Adding Value Through Expert Assurance Services

At Next Gen Accounting Cyprus (NGACY), our Internal Audit and Compliance services go beyond traditional assurance. We are committed to adding value across your entire organization by enhancing internal controls, improving operational efficiency, and ensuring compliance with industry standards and regulations. Our experienced team of professionals brings specialized expertise across multiple fields, including financial audits, IT systems, fraud analytics, risk assessment, and more.

Our Internal Audit & Compliance Services

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Comprehensive Risk Assessments

We conduct thorough assessments of risks across your organization, providing strategic audit programs that identify vulnerabilities and ensure compliance with internal controls.

Special Investigations & Due Diligence

At the request of your board or management, we perform in-depth investigations and due diligence reviews of processes and procedures to ensure proper governance.

Special Investigations & Due Diligence

At the request of your board or management, we perform in-depth investigations and due diligence reviews of processes and procedures to ensure proper governance.

Internal Audit Reports

Our team produces clear and actionable internal audit reports, designed for both management and your company’s Internal Audit Committee, to provide insight into financial and operational risks.

Compliance Support for KYC & Anti-Money Laundering

We assist with Know-Your-Client (KYC) processes and Anti-Money Laundering (AML) compliance, helping you stay ahead of regulatory demands.

Regulatory Exception Requests

We offer assistance in seeking exceptions or extensions from EU authorities, ensuring you stay compliant while navigating complex regulations.

FAQs

What is the role of internal audit in my business?

Internal audit helps identify risks, ensures compliance with internal controls, and provides assurance to management and the board. It is essential for improving operational efficiency and safeguarding company assets.

How can NGACY enhance our internal audit function?

We take a tailored, hands-on approach to internal audit, working with your existing systems to improve efficiency, address risks, and provide valuable insights for management and stakeholders.

How do you support compliance with KYC and AML regulations?

We provide comprehensive support for Know-Your-Client (KYC) and Anti-Money Laundering (AML) procedures, including compliance reports and on-site assistance to ensure you meet all regulatory requirements.

What is the importance of compliance reports?

Compliance reports keep management informed of the latest regulatory requirements and ensure that internal controls are maintained. These reports also demonstrate adherence to industry standards during audits or reviews by authorities.

Do you offer on-site compliance assistance?

Yes, we provide on-site personnel to assist with compliance tasks, offering hands-on support to ensure that all regulatory processes are efficiently managed.