Tuesday, 22 October 2024
Wednesday, 25 September 2024
SPECIAL OFFER
Tuesday, 24 September 2024
Unlock the Full Potential of Your Business with IA & BASL Services
At Internal Audit & Business Advisory Services Ltd (IA & BASL), we are dedicated to providing a range of professional services designed to help your business or organization thrive in an ever-changing environment. Our expert team brings years of experience to ensure that your business remains efficient, compliant, and prepared for future growth. From internal audits to business advisory services, we are committed to delivering tailored solutions that drive success. Explore the comprehensive services we offer to support your business journey:
1. Internal Audit Services
Our Internal Audit Services are built around the Risk-Based Audit Approach, aligning with internationally recognized standards like the Australian/New Zealand Risk Management Standard (AS 4360) and the ISO 31000 Risk Management Framework. We don’t just perform audits; we engage your team in every step of the process, from planning to report writing, ensuring capacity building through hands-on training. Our audits focus on improving your internal controls, safeguarding your assets, and enhancing overall business efficiency.
2. Risk Management Services
In today’s uncertain business climate, effective Risk Management is critical to success. At IA & BASL, we work with you to assess risks proactively, using a model based on AS/NZS 4360 and ISO 31000. We focus on four core principles—assurance, compliance, business performance, and risk management—to help you identify key risk areas and provide actionable strategies for improvement. Let us help you manage risk confidently and improve your organization’s long-term performance.
3. Fraud Detection and Fraud Control
Fraud can severely impact any business, from small enterprises to large corporations. Our team at IA & BASL has extensive experience in fraud detection and fraud control, employing strategies to identify and manage fraud risks. We assist you in uncovering internal or external fraud through Fraud Risk Assessment Reports and design cost-effective internal controls to protect your business from fraudulent activity. Our goal is to minimize risk, safeguard your reputation, and help you maintain financial integrity.
4. Reviews of Corporate Strategy, Business Performance, and Operational Plans
Is your business reaching its full potential? We offer in-depth reviews of corporate strategy, business performance, and operational plans to identify gaps and recommend improvements. Through our Gap Analysis, we help management and boards assess progress toward key goals and objectives, providing a roadmap to achieve desired outcomes. Using a risk-based approach, we ensure that your strategies align with your operational plans, giving you a clearer path to success.
5. Project Management Services
Managing projects efficiently can be challenging, whether it's a small initiative or a major capital expenditure. Our Project Management Services help ensure that your projects are completed on time, within budget, and within the defined scope. By reviewing project performance and identifying areas for improvement, we assist you in maximizing return on investment and delivering quality public goods and services.
6. IT Audit Services
In the digital age, IT systems are the backbone of your organization. At IA & BASL, we provide specialized IT Audit Services that assess the health of your IT infrastructure. Our focus areas include IT operations, governance, security, access controls, and more. Whether you're looking to comply with external audit requirements or improve internal IT management, we ensure your IT systems support your business objectives efficiently and securely.
7. Financial Auditing for Government and Companies
Our Financial Auditing Services ensure your financial records are accurate, compliant, and reflect the true state of your business. We conduct audits for both government entities and private companies, helping you maintain transparency and accountability in your financial reporting. Our audits also uncover opportunities for financial improvements and greater efficiency.
8. Bookkeeping and Financial Statement Preparation
Need help managing your day-to-day financial records? We provide reliable bookkeeping services, from cash books to general ledgers, and assist with preparing detailed financial statements. By ensuring your financial records are organized and accurate, we help you make informed decisions and meet reporting requirements seamlessly.
9. Starting Up New Businesses
Are you an entrepreneur looking to launch a new business? IA & BASL has the expertise to guide you through the entire process of starting up new businesses. From company registration to strategic planning, we help investors and entrepreneurs set up new ventures or improve existing ones. Our support doesn’t end at the launch—we continue to assist with business development to ensure long-term success.
10. Project Proposal Development
Creating a successful project requires more than just an idea—it needs a solid plan. Our team at IA & BASL helps you craft impactful project proposals tailored to your needs. Using the Project Formulation Documentation Approach, we assist in developing comprehensive project proposals that cover critical aspects such as scope, timelines, and financial cash flow. Whether for business expansion, public works, or investment opportunities, our project proposals will equip you with the blueprint for success.
Why Choose IA & BASL?
We stand by our commitment to deliver results through expert guidance, comprehensive services, and innovative solutions. Whether you're a growing SME, a government agency, or a state-owned enterprise, we tailor our services to meet your unique needs. Our risk-based approaches, coupled with our deep industry experience, ensure that your business is always a step ahead.
Contact Us Today
Ready to take your business to the next level? Get in touch with IA & BASL to explore how our services can help you achieve your organizational goals.
Webpage: www.iabasl.com / Email: swasi10@gmail.com / Telephone: 72453000 / whatsapp: 82521796
Your Trusted Partner in Internal Auditing and Business Advisory Services
Established in July 2009, Internal Audit & Business Advisory Services Ltd (IA & BASL) is a premier provider of contract internal auditing services in Papua New Guinea. With a deep specialization in internal audit, risk management, and business advisory services, we have been proudly serving businesses and government entities across the country for over a decade.
At IA & BASL, we aim to support organizations at every level by delivering insightful and comprehensive services designed to enhance operational efficiency, identify risks, and promote sustainable business growth. Our target markets include:
- Small to Medium Enterprises (SMEs): Tailored solutions for growing businesses to manage risks and maintain compliance.
- State-Owned Enterprises (SOEs): Ensuring transparency, accountability, and optimal performance for public entities.
- National Government Agencies: Strengthening governance and financial integrity within key institutions.
- Provincial and Local-Level Governments: Enhancing service delivery and accountability at grassroots levels.
Our story began in June 2008 when Stanley Wasi, a seasoned expert in internal audit and risk management, registered "Internal Audit & Business Advisory Services Ltd" as a company with the Investment Promotion Authority. Armed with a wealth of experience, Stanley made a pivotal decision in 2011, resigning from his role as the Senior Manager of Internal Audit & Risk Management at PNG POWER Ltd. to dedicate himself fully to growing IA & BASL. Since then, we have evolved into one of PNG's most trusted, nationally-owned auditing firms.
What sets IA & BASL apart is our unwavering commitment to excellence. We offer more than just audit reports; we provide management reviews, capacity training, and insights that empower organizations to make informed decisions and take proactive steps toward success. Whether you are managing a private company or a government department, our expertise will support you in navigating complex challenges, mitigating risks, and ensuring compliance.
Our Vision
To be the leading internal audit and business advisory service provider in Papua New Guinea, recognized for our integrity, innovation, and excellence.
Why Choose IA & BASL?
- Experience and Expertise: Over 15 years of industry knowledge, driven by a passion for delivering exceptional audit and advisory services.
- Tailored Solutions: We understand that every organization is unique, and we customize our approach to meet your specific needs.
- Commitment to Capacity Building: We don’t just provide solutions; we build your internal capacity through training and guidance.
- National Ownership: IA & BASL is 100% nationally owned, deeply committed to contributing to Papua New Guinea’s development.
We invite you to explore our services and discover how IA & BASL can help you safeguard your organization’s future. From internal audit services to strategic business advice, we are here to walk alongside you every step of the way.
Stay tuned for insightful articles, tips, and success stories from IA & BASL in our upcoming blog posts.
Contact Us Today
For more information on how we can assist your business or government organization, contact us via our website www.iabasl.com / whatsapp 82521796 or visit our office in Port Moresby (Taurama). Let’s work together toward a safer, more efficient, and prosperous future for your organization.
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Welcome to Internal Audit & Business Advisory Services Limited Your Trusted Partner in Internal Auditing and Business Advisory Service... -
Unlock the Full Potential of Your Business with IA & BASL Services At Internal Audit & Business Advisory Services Ltd (IA & BASL...
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10% Discount on Audit Services Attention valued clients! Internal Audit & Business Advisory Services Limited (IA & BASL) is pleased ...