EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
Recent Searches
Trending
-
M&A outlook: stronger US deal market in 2026 despite mixed economic signals
28 Oct 2025 Growth -
US Healthcare Cyber Resilience Survey: Why elevating cybersecurity to a strategic priority can drive transformation
03 Nov 2025 -
Beyond cost cutting: AI as the ultimate growth engine
03 Nov 2025 Consulting
Internal Audit Transformation services
In Consulting
EY Internal Audit (IA) services can help internal audit functions build and maintain trust and assure business risks are managed effectively. We believe in forward-looking, technology-enabled IA transformation with equal focus on people, process and purpose for long-term value.
Your business challenge
Organizations face increasing opportunities and challenges from client expectations, technology advancements, changing market and regulatory landscapes. In this environment, internal audit plays an important role in helping leadership navigate a spectrum of business risks.
Following traditional audit approaches is increasingly difficult in providing adequate assurance coverage and relevant business insights to stakeholders. Audit executives are challenged to answer these questions:
- How can we provide higher value and reduced assurance costs, given the evolving business and technology landscape?
- How can we be proactive in identifying emerging risks and organizational capability blind spots?
- How can we provide value-adding actionable insights and answer questions that have not been addressed before?
- How do we define a vision for an IA function that leverages human business and subject-matter expertise and technology automation?
Solution benefits
Our services, supported by EY Virtual Internal Auditor (EY VIA), helps companies transform their internal audit function holistically (people, process and technology) to build and maintain trust. Beneficial outcomes include:
- Improved operational efficiencies and cost-effectiveness
- Deeper insights needed to build trust through transformation
- Stronger ability to manage business growth with confidence
Solution features and functionality
EY IA teams can help you continuously monitor organizational risks, controls and transactions and provide actionable insights to improve performance. Through collaborative teaming, managed services and transformative technologies, we help transform and align IA to support the business strategy and create value in a changing risk landscape. Our capabilities include:
- IA diagnostic services help stakeholders employ tech-based benchmarking, collaborative surveys and functional performance considerations to assess their IA function for further enhancement.
- IA transformation helps organizations bridge the gap between their current and future state maturity levels by strengthening and building the required digitally enabled IA capabilities.
- Industry and risk domain-focused IA co-source and managed services help IA deliver on its mandate to stakeholders by leveraging our digitally enabled solutions.
- Accelerated analytics-based controls testing managed services help organizations streamline the cost of controls testing and obtain increased risk and controls assurance coverage in line with relevant regulatory standards such as SOX404, J-SOX and others.
Why EY
EY teams have a mature IA service offering based on providing value to IA functions with global footprints. Our flexible, scalable services help organizations realize desired future state IA capabilities through better risk coverage and increased stakeholder value with cost-effective delivery.
EY Alliance and Ecosystem Relationships
Our latest thinking
10 plays to strengthen your internal audit function
Enhance your internal audit effectiveness with 10 innovative strategies focused on leveraging technology and improving risk management practices.
Act now or risk later: reimagining skills assessment in internal audit
Discover how internal audit can adapt to complex risks through effective skills assessments and proactive talent development strategies.
How internal audit can govern AI risks and promote compliance
Managing AI risks requires a proactive approach to governance by internal audit. Learn more.
Five ways banking CROs are increasing agility
The EY/IIF bank risk management survey highlights the need for increased agility against diversifying risks. Find out more.
The Team
Our latest thinking
How can reimagining risk prepare you for an unpredictable world?
The 2025 EY Global Risk Transformation Study explores how Risk Strategists see disruption earlier, adapt faster and respond with more precision.
How AI navigates third-party risk in a rapidly changing risk landscape
Learn what the 2025 EY Third-Party Risk Management survey reveals about new AI-driven approaches to managing risks in a more volatile environment.
The five habits of successful Geostrategists
All companies are shifting strategies to adapt to geopolitical risk. Here is how to invest more efficiently and strategically than your competitors. Read more.
Five ways banking CROs are increasing agility
The EY/IIF bank risk management survey highlights the need for increased agility against diversifying risks. Find out more.
How boards can confidently steer an AI-enabled future
By balancing growth strategies and risk mitigation with AI, Boards can build confidence, create value, and augment human potential. Learn more.
Top 10 risks for the government and public sector in 2025
The risk landscape for governments is complex and interconnected. Discover the top 10 risks and how mitigating them will build trust and prove value.
Four regulatory priorities to drive financial institutions' focus in 2025
Our Global Financial Services Regulatory Outlook has four regulatory priorities to drive financial institutions' focus in 2025. Download the report.
Americas board priorities 2025
Find out what board members in the Americas are focused on in 2025.
Top 10 geopolitical risks in 2025 Geostrategic Outlook
Geopolitical risk will remain elevated due to economic sovereignty and global rivalries. Learn how to manage the uncertainty to grow your business.
How private boards unlock value by elevating risk management
Private boards can unlock value by elevating risk management. Learn more.
Five areas where insurance CROs can provide strategic leadership
The inaugural EY/IIF insurance risk management survey shows how CROs are strengthening core capabilities and serving as strategic advisors. Learn more.
Why today’s banking CRO must be master of many trades
The EY/IIF global risk management survey results surface new challenges faced by today’s CRO as their strategic and tactical remit expands. Read more.
What if the difference between adversity and advantage is a resilient board?
Boards must improve resilience to mitigate risk and gain a competitive advantage. Find out how.
Top 10 geopolitical developments for 2024
An even more complex geopolitical environment is on the horizon. Learn how businesses need to innovate and adapt their strategies to stay ahead.
2023 EY Global Third-Party Risk Management Survey
The 2023 EY Global Third-Party Risk Management Survey highlights a growing demand for data-driven third-party risk assessment. Read more.
How businesses can stand the test of time
Businesses are struggling to thrive in times of extreme uncertainty and complexity. Learn how your enterprise can build resilience as a capability. Learn more
How EY can help
-
EY's analytics consulting services utilizes the latest technology to integrate data and analytics throughout your business process and operation.
Read more