Internal Audit Services That Strengthen Your Controls From Inside
Your external audit tells you what happened. Internal audit tells you what could go wrong before it does. ABM Chartered Accountants delivers independent, risk-based internal audits that test your controls, identify weaknesses, and give your board the assurance it needs.
Independent Assurance on What Matters Most
Internal audit provides independent, objective assurance that your risk management, internal controls, and governance processes are working as intended. It is not a compliance tick box. It is a disciplined evaluation of the areas where your business is most exposed. ABM Chartered Accountants delivers internal audit with the rigour and independence your organisation requires.
Our ICAEW and ACCA qualified accountants plan and execute internal audits focused on your highest-risk areas. We test your financial controls, review operational processes, assess fraud exposure, and report our findings with clear, practical recommendations that your management team and board can act on immediately.
What Our Internal Audit Service Covers
From risk-based planning to governance review, here is how ABM Chartered Accountants provides the internal audit function your organisation needs to operate with confidence.
Risk-Based Audit Planning
Designing an audit plan focused on the areas of highest risk and greatest impact to your business.
Financial Controls Review
Testing your internal financial controls to make sure they prevent errors, fraud, and misstatement.
Process & Compliance Auditing
Reviewing operational processes and regulatory compliance to identify weaknesses and improve them.
Fraud Risk Assessment
Evaluating your exposure to fraud and recommending controls that reduce the risk significantly.
Internal Audit Reporting
Delivering clear audit findings with practical recommendations for management and board review.
Governance Review
Assessing your governance framework to ensure it supports effective oversight and decision making.
Find the Weaknesses Before They Find You
Control failures, fraud, and process breakdowns are far more expensive to fix after the event than to prevent. Internal audit identifies where your controls are weak, where processes are not being followed, and where risks are not being managed before they turn into real problems. ABM Chartered Accountants gives you that early warning.
For organisations with boards, audit committees, or external stakeholders who expect formal assurance, an internal audit function is essential. Even for smaller businesses, periodic internal audits of high-risk areas provide the confidence that your financial controls and governance are robust and fit for purpose.
Internal Audit for Organisations of Every Size Nationwide
Based in Canary Wharf, London, ABM Chartered Accountants delivers internal audit services to organisations throughout the UK. We provide an outsourced internal audit function or support your existing team.
London
Chartered accountants in London for all businesses.
Birmingham
Accounting in Birmingham for local businesses.
Leeds
Glasgow
Professional accountants based in Glasgow.
Manchester
Trusted accounting firm in Manchester.
Edinburgh
Tax and accounting experts in Edinburgh.
Liverpool
Dedicated accountants for Liverpool businesses.
Bristol
Reliable accounting services across Bristol.
Belfast
Trusted accounting specialists based in Belfast.
Cardiff
Reliable accountants serving businesses in Cardiff.
Milton Keynes
Professional accounting support in Milton Keynes.
Canary Wharf
Expert accounting services in Canary Wharf.
Internal Audit Across Every Sector
We deliver internal audit for organisations in financial services, property, healthcare, education, charities, technology, construction, and professional services. Each sector brings different risks, and our audit approach reflects them.
Why Organisations Choose ABM for Internal Audit
Chartered Audit Rigour
ICAEW and ACCA qualified delivering independent internal audit.
Risk-Focused Approach
Audit plans built around your highest risk areas.
Actionable Recommendations
Findings reported with practical steps management can implement.
How We Work
Initial Consultation
Set Up and Onboard
Ongoing Support
We provide regular reviews and proactive advice to keep your finances optimised and HMRC-compliant.
Get in Touch Today
Whether you need help with your tax return, payroll, VAT, or business advisory, our qualified UK accountants are ready to provide clear, practical guidance for your specific needs.
Book a Consultation
Fill in the form below and one of our expert accountants will contact you promptly to discuss your accounting and tax requirements.
Our Global Clients
Frequently Asked Questions
Here are answers to the internal audit questions we hear most often. Contact our team for tailored guidance.
What is internal audit?
Internal audit is an independent assurance function that evaluates and improves the effectiveness of an organisation’s risk management, internal controls, and governance. It helps your board and management understand whether the systems they rely on are working as intended and where improvements are needed.
Do we need an internal audit function?
It depends on your size, sector, and governance requirements. The UK Corporate Governance Code expects listed companies to maintain an internal audit function. For private companies, charities, and public sector bodies, internal audit is often required by regulators, funders, or good governance practice.
Can you act as our outsourced internal audit?
Yes. ABM Chartered Accountants provides a fully outsourced internal audit function for organisations that do not have the scale or need for an in-house team. We plan, execute, and report on internal audits as if we were your own team, with full independence.
What areas do you audit?
We audit any area where risk exists. Common internal audit areas include financial controls, procurement, payroll, revenue recognition, regulatory compliance, IT systems, data protection, and governance structures. ABM Chartered Accountants designs the audit plan around your specific risk profile.
How often should internal audits be carried out?
The frequency depends on the risk. High-risk areas may be audited annually, while lower-risk areas might be reviewed on a two or three-year cycle. ABM Chartered Accountants develops a multi-year audit plan that covers all key areas over a rolling period.
How much does internal audit cost?
Fees depend on the number of audit days required and the complexity of the areas being reviewed. We offer fixed-fee audit engagements and annual retainer arrangements. Contact ABM Chartered Accountants for a quote based on your organisation’s needs.