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    • Home
    • Internal Audit
      • Overview
      • Outsourced Internal Audit
      • Co-sourced Internal Audit
      • Audit Committee Support
      • Our Approach
    • Advisory Services
      • Governance
      • Enterprise Risk Mgmt
      • Compliance
      • Business Continuity & CM
      • Climate Change Risk
      • Change Management
      • Work Health & Safety
    • About
      • Who We Are
      • Dan Crogan
      • Vission Perey
    • Contact
HBM
  • Home
  • Internal Audit
    • Overview
    • Outsourced Internal Audit
    • Co-sourced Internal Audit
    • Audit Committee Support
    • Our Approach
  • Advisory Services
    • Governance
    • Enterprise Risk Mgmt
    • Compliance
    • Business Continuity & CM
    • Climate Change Risk
    • Change Management
    • Work Health & Safety
  • About
    • Who We Are
    • Dan Crogan
    • Vission Perey
  • Contact

Outsourced Internal Audit Services

Independent assurance without the overhead of maintaining an in-house Internal Audit function.

 HBM provides fully outsourced Internal Audit services that strengthen governance, enhance risk management, and improve organisational performance through practical, independent, and risk-based assurance.


Whether your organisation is establishing an Internal Audit function for the first time or seeking an experienced partner to deliver an existing audit program, HBM provides the expertise, flexibility, and independence required to support your Board and Executive Leadership.

Book a Consultation

Why Outsource Internal Audit?

When is Outsourced Internal Audit Right for Your Organisation?

When is Outsourced Internal Audit Right for Your Organisation?

 Many organisations recognise the value of Internal Audit but do not require a full-time Internal Audit department.


Outsourcing Internal Audit provides access to experienced professionals, specialist expertise, and an independent perspective—without the costs and administrative burden of recruiting, developing, and managing an in-house team.


At HBM, we become a trusted extension of your organisation, working collaboratively with Management while maintaining the independence required to provide objective assurance to the Board and Audit Committee.

When is Outsourced Internal Audit Right for Your Organisation?

When is Outsourced Internal Audit Right for Your Organisation?

When is Outsourced Internal Audit Right for Your Organisation?

 Outsourced Internal Audit is ideal for organisations that:


✔ Do not have an established Internal Audit function

✔ Require independent assurance for the Board or Audit Committee

✔ Need additional governance oversight

✔ Are experiencing rapid growth or organisational change

✔ Operate in highly regulated environments

✔ Need specialist audit expertise that is not available internally

✔ Want a flexible and cost-effective Internal Audit solution

Our Outsourced Internal Audit Services

 HBM delivers comprehensive Internal Audit services tailored to your organisation's objectives, risk profile, and governance requirements.

Our services include:

Risk-Based Internal Audit Planning

Development of strategic and annual Internal Audit Plans aligned with organisational objectives and enterprise risks.  

Operational Audits

Independent reviews that assess the efficiency, effectiveness, and performance of operational processes. 

Financial and Internal Control Reviews

Evaluation of financial controls to improve accountability, accuracy, and governance. 

Governance Reviews

Assessment of governance structures, policies, delegations, and decision-making frameworks.  

Compliance Audits

Independent reviews of compliance with legislation, regulations, policies, contracts, and organisational requirements. 

Fraud and Integrity Reviews

Assessment of fraud risks, control environments, and integrity frameworks to strengthen organisational resilience. 

Follow-Up Reviews

Validation of management actions and monitoring of agreed improvements following Internal Audit engagements. 

The HBM Difference

 Choosing HBM means partnering with experienced professionals who understand that Internal Audit is about creating value—not simply identifying issues. 

Independent Assurance

Practical Recommendations

Independent Assurance

Objective assessments that support informed decision-making and effective governance.

Risk-Based Approach

Practical Recommendations

Independent Assurance

We focus our audit effort on the areas that present the greatest strategic and operational risk.

Practical Recommendations

Practical Recommendations

Practical Recommendations

Our reports contain realistic, actionable recommendations that improve business performance and strengthen internal controls. 

Experienced Professionals

Experienced Professionals

Practical Recommendations

 Our team brings extensive experience across governance, risk management, compliance, operational improvement, and Internal Audit.

Board-Focused Reporting

Experienced Professionals

Board-Focused Reporting

Clear reporting designed to support Audit Committees, Boards, and Executive Leadership with meaningful assurance and practical insights.

Flexible Delivery

Experienced Professionals

Board-Focused Reporting

Our services can be tailored to meet the size, complexity, maturity, and strategic priorities of your organisation.

Our Internal Audit Process

Every engagement follows the HBM Internal Audit Approach.

① 📊Understand Your Organisation ───▶   ②⚠️ Assess Risks ───▶  ③ 📋Plan the Audit ───▶  ④ ✔️Execute the Audit ───▶  ⑤ 📄Report Findings  ───▶  ⑥ 📈Follow-Up & Improve

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Benefits of Outsourcing Internal Audit

Benefits of Outsourcing Internal Audit

Benefits of Outsourcing Internal Audit

Partnering with HBM enables your organisation to:

  • Strengthen governance and accountability 
  • Improve risk management maturity 
  • Enhance internal controls 
  • Increase confidence for Boards and Audit Committees 
  • Improve operational efficiency 
  • Identify opportunities for continuous improvement 
  • Meet regulatory and stakeholder expectations 
  • Access experienced Internal Audit professionals 
  • Scale Internal Audit resources as organisational needs change

Industries We Support

Benefits of Outsourcing Internal Audit

Benefits of Outsourcing Internal Audit

HBM provides outsourced Internal Audit services across a broad range of industries, including:

  • Government 
  • Manufacturing 
  • Construction 
  • Infrastructure 
  • Utilities 
  • Energy 
  • Not-for-Profit 
  • Healthcare 
  • Education 
  • Professional Services

Frequently Asked Questions

Is Outsourced Internal Audit suitable for small and medium-sized organisations?

Yes. Outsourced Internal Audit provides an effective solution for organisations that require independent assurance without maintaining a dedicated Internal Audit department.

Will HBM report directly to our Audit Committee?

Yes. We work closely with Management while maintaining our independence and can report directly to the Audit Committee or Board in accordance with your governance arrangements.

Can HBM develop our Annual Internal Audit Plan?

Yes. We work with Boards, Audit Committees, and Executive Leadership to develop risk-based Internal Audit Plans aligned with organisational priorities and strategic objectives.

Can you work alongside our existing Internal Audit team?

Yes. In addition to fully outsourced services, HBM also provides co-sourced Internal Audit support where specialist expertise or additional audit capacity is required. 

Ready to Strengthen Your Internal Audit Function?

Whether you require a fully outsourced Internal Audit function or independent support for your Board and Audit Committee, HBM provides trusted expertise that helps organisations strengthen governance, manage risk, and improve organisational performance.


Book a confidential consultation with our Internal Audit specialists to discuss how HBM can support your organisation's assurance objectives.  

Book a Consultation

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