Audit & Accounting

Internal Audit - Why IaS?

Toshiba's accounting scandal was a case of internal audit failure. The 140-year-old pillar of Japan Inc was caught up in the country's biggest accounting scandal. In July 2015, Toshiba Corp president Hisao Tanaka quit after investigators found that the company inflated earnings by at least $1.2 billion during the period 2009-2014.

IaS provides the holistic, integrated solutions to prevent scandals and financial distasters.

Our audit team has 30 years of experience on average.

The potential liability from ineffective internal controls is higher than ever

IaS External Quality Assessments (EQAs):

. provides independent assessments on how your Internal Audit is helping the organisation's objectives.

. assesses whether it is in line with internal audit standards.

. utilizes a full EQA based on document review, audit walk-throughs and interviews, combined with questionnaires to across key stakeholders. Alternatively we can use questionnaires to facilitate a self-assessment.

IaS is an alternative to a review by the Big Four

The IaS differentiation:
"3 Es" - Expertise, Experience & Excitement

IaS is an elite boutique advisory firm with globally recognized partners and associates.

We have the bandwidth of expertise in-house and with our affiliates to understand and advise on today's and tomorrow's changing accounting and auditing standards. IaS has over 30 Partners and over 300 associate partners in Canada, the UK and Ireland. We provide specialized accounting expertise for many industries including:
. Banking, capital markets, investment management, wealth management, insurance, law firms;
. Pharma, healthcare and medical marijuana;
. Real estate, forest products, energy and metals and mining;
. Not-for-profits; and
. Startups.

The Audit Team

Tim Boucher
Global Head Internal Audit

As Chief Audit Executive for North America reporting to CEO and Audit Committees Tim directed the development and execution of risk based audit plans to address risk and satisfy multiple regulators and audit committees. Tim established and directed the North American Internal Audit function for a Global Financial Services leader. Expert in financial, operational, forensic, IT and compliance audits gained through 9 years of External and Forensic Audit experience and 17 years in progressive management roles in financial services in accounting and Internal Audit.