At Money Tonic, our approach to delivering audit services – whether a financial statement audit, an integrated audit, or other attestation services – is always risk-based, industry-specific, and tailored to our clients’ particular operational structures.


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At Money Tonic, our approach to delivering audit services – whether a financial statement audit, an integrated audit, or other attestation services – is always risk-based, industry-specific, and tailored to our clients’ particular operational structures.


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Our ability to deliver high-quality audit services is based on our teams’ strong understanding of the business processes, accounting policies, internal controls, and financial reporting issues specific to each of our clients and their respective industries and sectors.


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Proactive coordination and communication - on a day-to-day basis and in regularly scheduled meetings – with management and those charged with governance is a vital component of our approach to delivering audit services. We work to establish a clear communication...


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Our services include:
•    Performing Quality Assurance Reviews (QARPlus) to assess the internal audit function’s conformance with The Institute of Internal Auditors (IIA) standards as well as provide a comparison against leading practices of high performing internal audit functions
•    Benchmarking internal audit performance to evaluate the current state of the internal audit function against demonstrated best practices
•    Establishing internal audit functions following our 7-step approach
•    Developing strategic plans and supporting initiatives to transform internal audit functions
•    Enhancing metrics and balanced scorecards to measure results and drive continuous improvement
•    Conducting stakeholder analyses and establishing communications plans to enhance stakeholder engagement, relationships and satisfaction
•    Performing risk assessments and developing audit plans to raise the level of internal audit performance
•    Designing and supporting changes to internal audit structures, capability frameworks and talent models
•    Enhancing internal audit methodologies and manuals to improve consistency of audit execution and use of best practices
•    Advising on and supporting audit technology implementations to enhance the overall efficiency of the internal audit function and processes
•    Developing and delivering training plans to enhance the skills of the audit staff

Additional information