Internal Audits
Strong internal controls help organizations operate more effectively and reduce exposure to risk. Our internal audit team delivers practical insight and objective evaluations that help leadership better understand their control environment and identify opportunities for improvement.
At Lumsden McCormick, we help organizations of all sizes strengthen internal controls and reduce risk through a disciplined, practical internal audit process. Our team delivers a clear view of your risk environment, evaluates existing controls, and identifies targeted improvements to close gaps and support long-term stability.
We work alongside your team to assess and prioritize risk, then design and test controls that address what matters most. Throughout the process, we collaborate closely with management to ensure findings are understood, addressed, and translated into meaningful action.
Our internal audit services include:
- Risk assessments and control evaluations
- Testing operational program development and execution
- Testing effectiveness of internal controls
- Evaluation of processes to maximize efficiencies
- Discussions regarding best practices
- Client training and education
As risk grows more complex, strong internal controls become essential. An independent audit team with the right experience and perspective helps ensure your controls are not only in place, but are working effectively.
Latest Insight
California Extends Sales Tax to Prewritten Software and SaaS, Effective January 1, 2027
Beginning January 1, 2027, businesses that sell software or Software-as-a-Service (SaaS) to customers in California (or businesses that purchase it) will be subject to the state’s sales and use tax for the first time. This change comes as part of California’s state budget, signed on June 29, 2026. Senate Bill 122 (S.B. 122) extends California’s […]
