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.
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New York enacted its $268 billion fiscal year 2027 budget on May 28, 2026, bringing sweeping changes to corporate tax, depreciation treatment, pass-through entity elections, real estate, and individual income tax. Here’s what individuals and business owners need to know. Corporate Tax Rates Extended Through 2030 The FY 2027 budget does not increase income or […]
