Contact

 

Nadir Ali, ACCA, CIA, CISA
Partner

Audit & Advisory
nadir.ali@ascentor.ro

Radu Vacarelu
Partner

HR & Recruitment
radu.vacarelu@ascentor.ro

Office
office@ascentor.ro
+40 213195354
Docentilor Street 12A
Sector 1, 011403 Bucharest
ROMANIA
www.ascentor.ro

ASCENTOR is among the top internal audit consulting firms in Romania, focused on real business issues, fast and flexible in delivery. Our consultants have a deep expertise in internal audit, risk, compliance and fraud and have worked in many industries for Romanian clients. Approximately 50% of our projects are in internal audit.

Our internal auditors have excellent technical skills including operational analysis, fraud & forensic and data analytics, and also strong communication skills that allow us to manage difficult situations.

Internal audit is not just a watchdog of activities and internal controls within an organization, it is also a business catalyst, and, if done right, can provide valuable advice to management and the board of directors. ASCENTOR can help you integrate compliance, controls and risk management activities with your vision, mission and shareholder expectations, delivering real value and performance improvement.

 

1. Internal Audit Services

Our business oriented and pragmatic internal audit approach positions us as trusted advisors to the board and audit committee:
  • Full internal audit outsourcing. Our team will take over all responsibilities of the internal audit function. We are working as a full internal audit department. Having Ascentor as your internal auditor is a strong commitment to effective corporate governance.
  • Internal audit co-sourcing (e.g. acting as head of internal audit or leading specific internal audit missions, whenever additional effort or expertise is required). We can also provide the role of Head of Internal Audit with an authorised financial auditor and member of CAFR
  • Operational audits (e.g. procurement reviews, working capital, treasury, HR, sales & marketing)
  • Special ad-hoc audits and investigations (e.g. fraud)

 

2. Internal Audit Advisory

We can help your internal audit department deliver real and continuous value, thus becoming a trusted business advisor to top management and the board:
  • Development of the internal audit department (methodology, manual, tools)
  • Trainings to internal auditors in specific matters (data analytics, fraud, writing skills, data visualisation, etc.).
  • Design and implementation of a complete internal audit framework, including policies and procedures

 

For more details regarding the internal audit standards and mandatory requirements check the professional bodies websites:

The Institute of Internal Auditors ("The IIA", US) - www.theiia.org

Asociatia Auditorilor Interni din Romania ("AAIR") - www.aair.ro