{"id":91,"date":"2023-11-28T05:35:35","date_gmt":"2023-11-28T05:35:35","guid":{"rendered":"https:\/\/fdndesign.blog\/aelliott\/?page_id=91"},"modified":"2023-11-28T11:20:46","modified_gmt":"2023-11-28T11:20:46","slug":"our-services","status":"publish","type":"page","link":"https:\/\/alexanderelliott.com\/?page_id=91","title":{"rendered":"Our Services"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_post_title meta=&#8221;off&#8221; featured_image=&#8221;off&#8221; _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; title_font=&#8221;||||||||&#8221; custom_margin=&#8221;||0px||false|false&#8221; custom_padding=&#8221;||||false|false&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_post_title][et_pb_divider color=&#8221;gcid-6f908e68-51da-4d17-9276-93f201b01950&#8243; _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{%22gcid-6f908e68-51da-4d17-9276-93f201b01950%22:%91%22color%22%93}&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h3>Internal Audit<\/h3>\n<h4>What is Internal Audit?<\/h4>\n<p>The Institute of Internal Auditors define internal auditing as:<\/p>\n<p style=\"text-align: center;\">&#8220;An independent, objective assurance and consulting activity designed to add value and improve an organisation\u2019s operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and governance processes&#8221;.<\/p>\n<h4>Internal audit includes the following:<\/h4>\n<p>Examination and evaluation of financial and operating information \u2013 an on\u2013going procedure, not a once a year function, looking at processes and systems, not just accounts<\/p>\n<ul>\n<li>Risk assessments<\/li>\n<li>Review of the economy, efficiency and effectiveness of operations, including non-financial controls<\/li>\n<li>Review of compliance with external laws and regulations<\/li>\n<li>Review of internal policies<\/li>\n<li>Review of authorisation of transactions<\/li>\n<li>Special investigations, including fraud<\/li>\n<\/ul>\n<p>The Internal Auditor should demonstrate independence, but report to the management of the organisation \u2013 Internal Audit should be regarded as a management tool. A rolling programme can be used to examine all areas of activity over a number of years.<\/p>\n<h4>The duties of an Internal Auditor can be split into three separate categories:<\/h4>\n<h4>Organisational Control:<\/h4>\n<ul>\n<li><strong>Financial:<\/strong> Checking on the methods used for the preparing and publishing of reliable financial statements.<\/li>\n<li><strong>Operational:<\/strong> The effectiveness and efficiency of the operations. The safeguarding of resources against loss.<\/li>\n<li><strong>Compliance:<\/strong> Adherence to laws and regulations.<\/li>\n<\/ul>\n<h4>Governance:<\/h4>\n<p>The process conducted by the Board to authorise, direct and oversee management towards the achievement of the Board\u2019s objectives.<\/p>\n<h4>Risk Management:<\/h4>\n<p>The process conducted by management in order to understand and deal with uncertainties.<\/p>\n<h4>We can offer:<\/h4>\n<ul>\n<li>Value for money reviews<\/li>\n<li>Supplier\/vender operational reviews<\/li>\n<li>Internal operational reviews<\/li>\n<li>Due diligence reviews<\/li>\n<li>Fraud reviews<\/li>\n<li>A range of independent reviews of systems and operations aimed to help management to ensure that risks encountered in achieving objectives are managed by putting suitable controls in place.<\/li>\n<\/ul>\n<h4>Both Caroline and Dougie are Associate Members of the Institute of Internal Auditors<\/h4>\n<p>[\/et_pb_text][et_pb_divider color=&#8221;gcid-6f908e68-51da-4d17-9276-93f201b01950&#8243; _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{%22gcid-6f908e68-51da-4d17-9276-93f201b01950%22:%91%22color%22%93}&#8221; locked=&#8221;off&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h3>Payroll<\/h3>\n<h4>Features and Benefits<\/h4>\n<ul>\n<li>Suitable for all sizes of employer \u2013 big or small<\/li>\n<li>Allows you to focus on your business<\/li>\n<li>Off\u2013site payroll system maintains confidentiality of individual pay rates<\/li>\n<li>Multiple periods (i.e. weekly, monthly, etc)<\/li>\n<li>Regular deductions to pay can be done via the payroll<\/li>\n<li>Supports Pension Scheme deductions<\/li>\n<li>Rapid processing of payroll each period<\/li>\n<li>We generate payslips and administration reports as you require<\/li>\n<li>Supply preformatted instructions to enable you to make payments to all major banking and payment systems<\/li>\n<li><strong>Includes full IOM Government Electronic T14 submission<\/strong><\/li>\n<li>Produce IOM Government forms T14, T20 and T21 ready to be submitted<\/li>\n<li>Can assign pay costs to different departments and produce cost reporting<\/li>\n<\/ul>\n<h4>We can Offer<\/h4>\n<ul>\n<li>A review of your current methods<\/li>\n<li>A full cost effective wages\/salaries calculation system<\/li>\n<li>Flexibility<\/li>\n<li>Help and assistance on payroll related matters<\/li>\n<\/ul>\n<p>[\/et_pb_text][et_pb_divider color=&#8221;gcid-6f908e68-51da-4d17-9276-93f201b01950&#8243; _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; custom_margin=&#8221;||0px||false|false&#8221; global_colors_info=&#8221;{%22gcid-6f908e68-51da-4d17-9276-93f201b01950%22:%91%22color%22%93}&#8221; locked=&#8221;off&#8221;][\/et_pb_divider][et_pb_text _builder_version=&#8221;4.23.1&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h3>Consultancy Services<\/h3>\n<h4>Other core services available include:<\/h4>\n<ul>\n<li>Risk management including advice on the review\/creation and maintenance of systems of internal control within an entity<\/li>\n<li>Compliance Assistance with the preparation and implementation of compliance or staff handbooks as well as compliance, technical or management training<\/li>\n<li>Training specialising in AML\/PTF<\/li>\n<li>Special projects<\/li>\n<\/ul>\n<p>Please do not hesitate to contact us for more information.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Internal Audit What is Internal Audit? The Institute of Internal Auditors define internal auditing as: &#8220;An independent, objective assurance and consulting activity designed to add value and improve an organisation\u2019s operations. It helps an organisation accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-91","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/alexanderelliott.com\/index.php?rest_route=\/wp\/v2\/pages\/91","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alexanderelliott.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/alexanderelliott.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/alexanderelliott.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/alexanderelliott.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=91"}],"version-history":[{"count":4,"href":"https:\/\/alexanderelliott.com\/index.php?rest_route=\/wp\/v2\/pages\/91\/revisions"}],"predecessor-version":[{"id":147,"href":"https:\/\/alexanderelliott.com\/index.php?rest_route=\/wp\/v2\/pages\/91\/revisions\/147"}],"wp:attachment":[{"href":"https:\/\/alexanderelliott.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}