Internal audit

Internal audit is commonly found in large companies and in organizations operating in regulated industries or facing complex risks. Small and medium-sized enterprises are generally not subject to requirements for internal audit, but can still benefit from targeted reviews and advisory services in governance, risk, and internal control. Internal audit provides assurance to the board and management and creates better control over operations. By examining key areas of the organization, the board and management gain a balanced view of how well processes and procedures are functioning. An internal audit assesses the current state and proposes measures that increase effectiveness in management processes, risk management, and internal governance and control.

Outsourcing – delivery of all or part of an internal audit plan through a core team, supplemented by specialists as required.

Accessibility and communication are the prerequisites for successful cooperation! We report continuously throughout the year and keep you updated on news in your area. Our recommendations for improvements are concrete and relevant.

Our People

At Forvis Mazars, we work as an integrated and collaborative team across sectors, service lines, and geographies. We focus on service, commitment, and accessibility in every engagement, and our high level of client loyalty—among the strongest in the industry—is clear evidence of the value and confidence our people create.

Forvis Mazars Achieves Top Ranking in Client Satisfaction Survey

Forvis Mazars is one of Sweden’s most highly regarded audit and advisory firms. Our top ranking reflects our strong commitment to quality, client relationships, and long-term value creation. It motivates us to continue delivering with dedication and to continuously strive for excellence.

Read the press release here:

Forvis Mazars Achieves Top Ranking in Client Satisfaction Survey – Forvis Mazars.

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Åsa Thelin Partner, Authorised Public Accountant - Stockholm

Detailed profile

Frequently Asked Questions and Answers About Internal Auditing

What is internal auditing?

Internal auditing is an independent assurance function that helps organisations evaluate and improve internal controls, risk management, and governance.

What is the purpose of internal auditing?

The purpose is to identify risks, improve the efficiency of processes, and contribute to better governance and internal control within the organisation.

What does internal audit review?

Internal audit may review processes, IT security, regulatory compliance, risk management, and internal control systems.

Which companies need internal auditing?

Larger companies and organisations with complex operations or extensive regulatory requirements often benefit from internal auditing.

How does internal auditing differ from external auditing?

Internal auditing focuses on the organisation’s internal processes and areas for improvement, while external auditing reviews financial reporting for the benefit of external stakeholders.

How often should internal audits be conducted?

This depends on the size of the organisation, its risk level, and applicable regulatory requirements. However, internal audits are often conducted on an ongoing basis according to an annual audit plan.