Mohamed Baghdady CIA MBA

*Inspecting the specific risk management, financial reporting and productivity strategies that are currently in place *Gather information that can be analyzed and converted into valuable insights into how the company can be run more efficiently. *Observing the target business environment *Inquiring or asking questions of management personnel related to the effectiveness of the current internal controls *Confirming whether the goals and objectives of the business are being met *In the course of bridging the gap between the board of directors and the corporate management team, so internal audit called upon to use their professional judgment to determine the standards by which business activities are measured. This involves: 1. Conducting special studies, Analyzing business policies processes, and procedures 2. Defining audit objectives 3. Decide the nature and extent of the audit procedure 4. Stating final opinions and conclusions 5. Reporting and distributing findings to the board and management *Perform consulting services for management through participation in projects designed to Provide value-added recommendations to mitigate both project and end state risks *relationships with all levels of staff within the organization, including Senior Management and Board *Conducts investigations of suspected internal fraud *Provide consultative support to branches and departments about the adequate design moreover, execution of risk management processes *Develop a risk-based test plan by selecting appropriate audit approach, test procedures and sampling criteria based on professional judgment and departmentally defined internal audit methodology *Evaluate the adequacy of process design and the effectiveness of controls in meeting business and control objectives. Identify and document control and process weaknesses and provide evidential support for findings * Propose practical, and value-added recommendations to address control weaknesses and/or process inefficiencies