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.
Internal audits are an indispensable tool for organizations to ensure operational efficiency, risk management, and compliance with regulatory standards. By providing an independent assessment of internal controls, processes, and governance practices, internal audits help identify areas for improvement and mitigate potential risks. They play a crucial role in enhancing transparency and fostering accountability across departments. Regular internal audits also build stakeholder confidence by showcasing the organization's commitment to maintaining high ethical and operational standards. In a rapidly evolving business landscape, investing in robust internal audit processes is key to sustainable growth and long-term success.
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