Internal Audit & Risk Advisory Services

At summit, our Internal Audit and Risk Advisory services go far beyond mere compliance. We align our approach with the International Standards for the Professional Practice of Internal Auditing (IPPF) by the Institute of Internal Auditors (IIA) and integrate the COSO Enterprise Risk Management (ERM) framework. This allows us to deliver solutions that empower organizations to anticipate risk, strengthen governance, and align internal assurance with strategic performance.

Our Internal Audit Approach

We provide comprehensive, independent, and objective assurance over your organization’s risk management, control, and governance processes. Our internal audit methodology is risk-based, dynamic, and tailored to reflect your specific sector, strategy, and operational complexity. We assess both financial and operational controls, delivering actionable insights that drive performance and resilience.

Key areas we cover include:

-  Enterprise-wide Internal Audit Programs 

  -Risk-Based Audit Planning 

- Operational, Financial, and Compliance Audits 

- Internal Control Assessments (based on COSO Framework) Fraud Risk Management and Forensic Reviews Internal Audit Function Setup & Transformation

- Fraud Risk Management and Forensic Reviews Internal Audit Function Setup & Transformation

- Internal Audit Function Setup & Transformation

-  Internal Audit Function Setup & Transformation

Risk Advisory Services

 Our Risk Advisory practice supports leadership in understanding, prioritizing, and managing critical risks. By embedding COSO-based ERM principles, we help organizations link risk appetite and strategic objectives to performance management and sustainable value creation. 

Our services include: 

- Enterprise Risk Management (ERM) Framework Design & Implementation

- Risk Identification, Analysis & Reporting Tools Strategic and Emerging Risk Reviews Governance, Risk & Compliance (GRC) Integration Control Self-Assessment (CSA) Facilitation Business Continuity & Crisis Management Advisory

- Strategic and Emerging Risk Reviews Governance, Risk & Compliance (GRC) Integration Control Self-Assessment (CSA) Facilitation Business Continuity & Crisis Management Advisory

- Governance, Risk & Compliance (GRC) Integration Control Self-Assessment (CSA) Facilitation Business Continuity & Crisis Management Advisory

- Control Self-Assessment (CSA) Facilitation Business Continuity & Crisis Management Advisory

-Business Continuity & Crisis Management Advisory

Business Continuity & Crisis Management Advisory

Strategic Risk Profiling and Register Development

 Our team combines regional insight with global best practices to deliver risk-informed, business-aligned internal audit solutions. We help clients transition from reactive control environments to proactive governance structures—anchored in transparency, agility, and strategic clarity.

 As part of our integrated Risk Advisory services, we assist organizations in developing and maintaining tailored Risk Profiles and comprehensive Risk Registers, aligned with COSO and ISO 31000 standards. These tools enable leadership to identify, assess, and monitor key strategic and operational risks, ensuring informed decision-making and stronger enterprise-wide accountability. 

At summit, we firmly believe that effective risk and audit functions are not standalone operations; they are strategic enablers that support performance, compliance, and long-term sustainability.