- Auditing
- Accounting
- Tax Compliance
- Estates and Trusts
- Business Consulting
- Company Secretarial
- Broad-Based Black Economic Empowerment
- Tax Consulting
- Internal Audit
- IFRS Consultation and Training
Every day one hears about corporate failures, financial mismanagement, breaches in trust relationships, fraud and corruption and one realizes that pro-activeness is essential. If you are concerned that these threats may materialize in your organization, please carry on reading. We are able to assuage your fears.
Risk management, internal audit and corporate governance services are critical and needs to be performed in a highly professional manner. LDP thus ensures that all its services are directed by the professional standards of the Institute of Internal Audit (IIA) and the King report on Corporate Governance. Our services are not only cost-effective - we also provide value in terms of global benchmarking through Polaris International. LDP offers you our knowledge of the latest international developments and provides access to a pool of specialised skills appropriate to particular assignments, eg
- process improvement
- computer assurance services
- performance audits
- audit of performance information.
Internal audit services
In providing internal audit services LDP aims to assist you in building and maintaining an internal audit function that is dynamic and responsive to the needs of the organisation.
The services are:
- setting up a new internal audit division
- We provide guidance in terms of the risk plan, resources and timing. We can assist you in recruiting or assessing chief audit executives or professional auditors.
- co-sourcing or full outsourcing
- We provide you with highly trained and efficient professional management and staff. Our independent reviews are discussed with management and the audit committee and follow-up of these findings results in the improvement of the business.
- quality reviews
- We shall assess your internal audit function and will advise on any shortcomings
- training and capacity building
- We prepare a training and capacity plan and will perform the training at your premises, if required. We can maximize the benefits to the audit committee through active participation, proper structure and development of a clear mandate.
Risk management
Risk management has evolved from the mere identification of risk to an integrated entity-wide risk management process. No longer is this the responsibility of management only, but the full Board of Directors and staff are involved. Risks are in many cases specific to your business and generic risks adoption is costly, therefore we advise that you identify and determine your own risk and responses.
The services are:
- identification of strategic and operational risks
- Through a workshop or individual interviews we facilitate and prepare a risk profile for your business. With our industry knowledge and experience we can benchmark your business against known threats in the industry
- risk policies and an enterprise risk framework
- We shall tailor-make best practices and design your own policies and risk procedures
- continuous monitoring
- We shall guide you on which risks to monitor and how to manage these risks on a continuous basis eg, getting this on the management agenda. We shall also assist with the implementation of software solutions.
- setting up a new risk division
- We shall guide you in terms of the business plan, capacity plan and the job descriptions for the chief risk officer and staff.
- training and capacity building
- We provide from half day to 2 days training.
Corporate Governance services
Good Corporate Governance is a critical element in the survival of any business today. King III provides guidance and conferences and seminars are held on this topic.
The services are:
- assessment of your practices
- We assess how your organization and Board apply the Best governance practices. Our evaluation report is comprehensive.
- training and capacity building
- We provide from half day to 2 days training
- fraud prevention plans
- ethics or reputation reviews.
General
We would be most grateful to meet or to do a presentation at your audit committee meeting. Please contact Richard Rhoda by e-mail or phone 021 888 5600 for a free consultation.
