Internal Audit in Qatar
Internal audit looks at how your business actually operates: whether controls work in practice, whether risks are managed the way policy says they should be, and whether processes are followed. It reports to management or the board, not to outside parties, so its purpose is improvement rather than a public opinion on your accounts.
Where internal audit typically finds issues
- Approval limits that exist on paper but are not enforced in the accounting system.
- Cash handling, procurement or payroll processes with weak segregation of duties.
- Inventory or fixed asset records that no longer match what is physically on site.
- IT access rights left open for staff who changed roles or left the company.
How we run an internal audit
We agree the areas to review with you, based on where risk is highest, not a fixed checklist. We interview the staff who run the process, test a sample of transactions, and compare what should happen against what actually happens. Findings are rated by severity, with a clear, practical recommendation for each one, not just a list of problems.
One-off review or ongoing function
Some clients want a single review of a specific area, for example procurement or payroll. Others prefer an outsourced internal audit function, where we cover a rolling plan of areas through the year and report to the board or audit committee each quarter. Companies that plan to grow, raise investment or prepare for a first external audit often start with internal audit to fix issues before they are found by someone else.
How it works
Engagement & scoping
We agree the scope, timeline and fee for your audit engagement.
Fieldwork & testing
Our team reviews controls, transactions and financial records on-site or remotely.
Findings & reporting
We report findings, adjustments and recommendations clearly.
Sign-off & follow-up
We finalise the audit opinion and remain on hand for any follow-up.
Frequently asked questions
Generally no, unlike statutory external audit. Some regulated sectors and larger organisations require it under their own governance rules. Most companies use it voluntarily to manage risk.
No. Internal audit reviews controls and processes for management. External audit gives an independent opinion on your financial statements for outside parties. Many companies use both.
Yes. We can run a rolling plan of reviews through the year and report to your management or board on a schedule that suits you.
We look at where the risk of loss or error is highest, based on a short discussion with you, rather than working through a generic checklist.
We agree reporting lines with you before starting. Findings normally go to management or the audit committee, and you decide what is shared more widely.