Internal audit services for life sciences companies
Organizations must identify and prepare for the risks that might have an impact.
Does your internal audit department support your organization’s strategy and goals?
From assessing gross-to-net revenue to executing clinical trials to managing the many challenges of a complex global supply chain, life sciences companies contend with many risks.
Internal audit departments must assess these risks as well, applying them in a way that considers the nuances of the particular industry and sector in which the organization operates. Our team of internal audit professionals has the specialized industry knowledge and experience to help life sciences companies assess risks.
Your internal audit function should reflect your organization.
Approaching internal audit with a one-size-fits-all approach will not address the specific needs of your organization.
Risks in the life sciences industry are full of complexities, and those risks evolve as your organization grows.
An effective internal audit function recognizes that organizations are unique and that value can be created by delivering human-centered, responsive, data-driven, and technology-enabled services.
Internal audit can create value.
Our internal audit consultants take a customized approach that focuses on the specific risk profile, size, and nature of each organization. We work with businesses to help identify problem areas, and we also help them understand how they can improve going forward.
Our teams find that internal audit’s goals naturally can align with organizations across a host of risk areas, including:
Whether your challenges involve gross-to-net revenue, supply chain management, intellectual property (IP) protections, workplace retention, or environmental, social, and governance initiatives, our extensive network of consultants can provide the subject-matter expertise to help you identify, understand, and control for the risks affecting your organization now and into the future.
We offer an array of internal audit process services from one source.
Whether you prefer outsourcing or co-sourcing, our specialists can help you handle internal audit projects to support your unique life sciences company’s needs.
SOX compliance
Adapt and optimize your SOX program in response to growth, globalization, and business events.
Gross-to-net accounting
Evaluate the accounting and internal controls of your gross-to-net process to improve clarity, accuracy, and confidence in decision-making.
Legal, compliance, and operational processes
Review processes regarding trust-establishing programs, including supply chain management, inventory processes, PhRMA code verification, IP protection, transfer of value, and speaker programs.
SOX compliance
Adapt and optimize your SOX program in response to growth, globalization, and business events.
Gross-to-net accounting
Evaluate the accounting and internal controls of your gross-to-net process to improve clarity, accuracy, and confidence in decision-making.
Legal, compliance, and operational processes
Review processes regarding trust-establishing programs, including supply chain management, inventory processes, PhRMA code verification, IP protection, transfer of value, and speaker programs.
Ethical and reputational risk
Help maintain an honest and transparent reputation with audits of company culture, ethics training, and ESG procedures.
Internal audit digital transformation
Implement more efficient tools, technologies, and digital strategies to expand your internal audit function capabilities and your reach across risk categories.
Ethical and reputational risk
Help maintain an honest and transparent reputation with audits of company culture, ethics training, and ESG procedures.
Internal audit digital transformation
Implement more efficient tools, technologies, and digital strategies to expand your internal audit function capabilities and your reach across risk categories.
We help organizations find more benefits from internal audits.
Internal audit teams can help your company succeed.
Internal audit teams can do more than check boxes. Our specialists can work with your teams to identify and mitigate risks and help you reach your goals.
Our internal audit specialists, tools, and technology solutions can provide functional support and deeper insights. Schedule a consultation and let’s discuss your needs.
