Best professionals offering internal auditing services in Nairobi

Internal Auditing Service in Nairobi, Nairobi Area

About the Service

Internal auditing is an independent and objective assurance and consulting activity designed to add value and improve an organization's operations. It helps organizations accomplish their objectives by bringing a systematic and disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

Professional Requirements

To perform internal auditing, professionals must have a strong understanding of business operations, risk management, and governance. They should possess excellent analytical, communication, and problem-solving skills. A bachelor's degree in accounting, finance, or a related field is typically required, and many internal auditors also hold certifications like the Certified Internal Auditor (CIA) or the Certified Information Systems Auditor (CISA).

Recommended Accreditations and Certifications

Industry professionals should consider obtaining certifications like the CIA, CISA, or the Certified Government Auditing Professional (CGAP) to demonstrate their expertise and stay up-to-date with industry developments.

Tips for Choosing the Best Service Provider

When selecting an internal auditing service provider, consider their experience, expertise, and certifications. Look for providers with a strong understanding of your industry and a proven track record of delivering high-quality services. It's also essential to evaluate their communication skills, as they will be working closely with your team.

Questions to Ask Professionals

• What experience do you have in internal auditing, and what industries have you worked with?
• What certifications do you hold, and how do they relate to internal auditing?
• How do you stay current with industry developments and changes in auditing standards?
• Can you provide examples of successful internal auditing projects you've led?
• How do you communicate complex auditing findings to non-technical stakeholders?

Useful References

The Institute of Internal Auditors (IIA) and the International Federation of Accountants (IFAC) are two reputable organizations that provide guidance and resources for internal auditing.

Average Prices for the Service in Nairobi, Nairobi Area

The average hourly fee for internal auditing services in Nairobi, Nairobi Area, can range from 500 to 2,000 KES (Kenyan Shillings) per hour, depending on the provider's experience and the scope of the project.

Requesting a Quote

To request a quote for internal auditing services, you can contact a service provider directly and provide them with information about your organization, the scope of the project, and your budget. They will then provide you with a customized quote based on their expertise and the requirements of your project.

Fees for Internal Auditing freelancers

The average daily fee for the experienced freelancers is 5,000 KES.

The fee varies depending on the city in which the are located. For instance, the average daily for a Internal Auditing in Nairobi is 6,000 KES while in Mombasa is 4,500 KES or in Kisumu is 5,500 KES.