service delivery & expertise
Indyebo offers a range of services to assist businesses and organisations
in improving governance, risk management and control, improving
efficiencies and adapting to changing regulatory environments.
At Indyebo, we have expertise along the below mentioned service
• Governance and Risk Management
• Business Assurance Services
• Advisory Services and
• Fraud Prevention and Investigations
auditors once focused on evaluating compliance with an organization’s
policies and procedures. Today, internal auditors do much more,
from identifying risks to developing risk management protocols
and analyzing processes in search of greater efficiencies. These
added demands are a result of the transformation of the workplace
from paper-based to digital, ever-increasing regulations and the
speed at which business changes.
Now more than ever, organizations need to make certain their internal
processes are adequately and efficiently addressing these challenges
and reducing risk. The internal audit function is the place to
Internal Audit Solutions
internal audit solutions can be as broad or narrow in scope as
the audit committee, board or management wishes. Organisations
may outsource only specific internal audit projects, allowing
your internal staff to concentrate on the areas they know best,
also some may want to co-source the internal audit where we work
with your organization to develop an overall plan to address its
priorities, and your internal staff implements the plan.
Or you may choose to outsource the entire internal audit function.
The latter approach allows management to focus on core competencies
and Indyebo to apply its considerable audit expertise to your
Benefits from an Outsourced Internal Audit?
An outsourced internal audit function can benefit organizations
of all sizes. Even if they have no regulatory requirement to do
so, many organizations add an internal audit department or outsource
or co-source the functional they grow. It makes good business
sense. Candidates for outsourcing or co-sourcing their internal
audit function from Indyebo include:
Publicly held companies and certain other organizations
for which Indyebo is not the external auditor
Organizations seeking a cost-effective alternative to hiring,
training and retaining internal auditors
Organizations seeking the expertise and objectivity of outside
AND RISK MANAGEMENT
today are concerned about improving corporate in complex and demanding
environments. There is increased scrutiny and insistence on transparency
and accountability. With the right approach, however, risk can
be viewed as a strategic opportunity to drive performance, and
create sustainable stakeholder value.
AUDIT QUALITY ASSESSMENT REVIEW
We conduct periodic external assessment of an organization's audit
function for quality and compliance with The Institute of Internal
Auditors (IIA) standards.
Indyebo adherent strictly to the SAAS 220 – Quality Assurance:South
African Auditing Standards. Our dedicated Quality Assurance Managers
ensure that quality is taken care of.
Our Information Technology forms the backbone of many companies’
internal controls. We have experienced staff members to assist
with the evaluation of the effectiveness of IT general and application
level controls and can help improve the internal control structure
through implementation of critical controls.
In this regard our service includes: Assisting
organizations to establish an IT control framework that will
meet the client’s objectives and enhance their risk
Assess that IT strategies, processes, and controls are both
appropriate and effective.
Help clients identify critical IT risks.
Make informed decisions, avoid costly overruns, and reduce
In addition, we work closely with our clients to improve
the effectiveness and efficiencies of their business and technical
processes in ERP environments. Our professionals can help
identify and verify that controls are in place to mitigate
the risks associated with implementing, upgrading or integrating
or optimizing an ERP environment. We can also help clients
better leverage their ERP investments to meet regulatory compliance
We assist clients to develop internal control programmes that
address control evaluation and ongoing monitoring. The goal of
our approach is to deliver an internal control programme that
is built on flexible methodology and customised to your needs
White colour crime is on the increase and we assist our clients
with Forensic and Special Investigation Services. Indyebo assists
clients by establishing the facts and gathering evidence that
allow clients to take informed decisions in the unfortunate circumstances
where fraud and misconduct is suspected.
We can investigate suspected bribery, fraud, misconduct, accounting
fraud, and violation of policies and procedures.
Today's business environment requires an effective risk management
programme. We ensure that organisations implement an effective
risk management programme. Our services include: Establishment
of a risk management function; training on risk management; risk
identification and assessment; development of Risk Committee Charters;
Review of risk management function effectiveness; and development
or review of risk management policies and strategies.
approach to compliance audits is to determine conformity and adherence
to applicable laws and regulations. These may include reviews
for conformity and adherence to laws and regulations, policies,
plans, procedures, contracts or other requirements. We perform
both legal compliance and corporate governance assurance services.
Compliance Assurance Services
Pressures to achieve compliance with laws and regulations are
mounting. We help ensure that you identify, manage, and control
any existing and future regulatory and compliance risks. In particular,
we assist public sector entities achieve compliance to the Public
Finance Management Act and the Municipality Finance Management
Act and Treasury regulation.
Our approach to compliance audits is to determine conformity and
adherence to applicable laws and regulations. These may include
reviews for conformity and adherence to laws and regulations such
as the Public Finance Management Act, Municipal Finance Management
Act, Financial Services Board requirements, Financial Advisory
and Intermediary Services Act, policies, plans, procedures, contracts
or other requirements.The methodology we apply includes:
• Familiarising ourselves with all the documentation provided
by the organisation;
• Identifying legislative provisions applicable to the organisation
and determining its level of compliance; and
• Compiling a report for comment by relevant affected personnel
on the findings and recommendations of this part of the audit,
and, if required, a workshop to discuss the findings and the comments.
today are concerned about improving corporate governance in complex
and demanding environments. There is increased scrutiny and insistence
on transparency and accountability. With the right approach, however,
risk can be viewed as a strategic opportunity to drive performance.
Our governance services can be tailored to meet the specific requirements
of our clients.
The public sector is highly regulated by the Public Finance Management
Act and Municipal Finance Management Act. Indyebo assists organizations
to determine whether they have best practice governance structures
in place and that those structures are effective and are consistent
with King III.
Our services include:
• Code of conduct evaluation,
• Corporate governance assessments,
• Board and Board Committee establishment,
• Review and/ or development of Board and Board Committee
• Director education, and
• Audit Committee effectiveness assessments.
Our IT Governance Services are designed to identify and manage
risks within a company’s IT framework; and implement policies
and procedures; consistent with leading standard such as COBIT
today’s environment, there is need to create company specific
anti-fraud measures to address internal corporate fraud and misconduct.
We offer a strategic approach to aligning fraud management strategies
with corporate business objectives. Indyebo assists in designing
controls prevent fraud and misconduct from occurring. These controls
are also designed to identify instances of fraud and misconduct
when they occur and to allow the organization to manage the occurrence
of fraud and remedy losses and damages.
At Indyebo, we work with our clients to help them achieve accounting
and financial reporting compliance. We provide advice on how financial
reporting processes are organised and ensure that accounting operations
match the objectives of the business. We provide technical and
project management advice in converting to Generally Recognised
Accounting Practice (GRAP) in the public sector.
Also will help you realise cost savings, improve asset management,
and resolve process and operational issues. We help you resolve
difficult, time-critical and day-to-day financial issues, bringing
proven, consistent approaches and solid techniques to each engagement.
If you need technical expertise for a special project, an independent
review of your accounting processes and procedures, or additional
business process support, we are high-value choice.
assist clients by assessing and redesigning end-to-end business
processes. By so doing improving and standardising operations,
establishing norms and standards and applying strategies to improve
financial and operational performance.
Programme and Project Management can help organisations identify
and mitigate the risk of project failure and monitor important
project milestones. Our project managers focus on enhancing the
Project Management Offices (PMOs) and evaluating project deliverables.
We offer the following training services:
• Basic financial accounting;
• Management accounting; and
• Starting your own business
Our firm has considerable experience in providing services to
both the public and private sectors. Our services include inter
alia external audit, internal audit, information technology audit,
risk management and consulting services. We have, established
a considerable skills base, with experience in the functioning
and operations of the various industries in South Africa.
Indyebo and its staff are registered members of:
IRBA (Independent Regulator Board for Accountants)
IIASA (Institute of Internal Auditors of South Africa)
ACFE (Association of Certification Fraud Examiner