Audit flies ahead
Pelicam ensures successful delivery of business and technology programmes
“We initially had some concerns about potential loss of control and relying on outsourced knowledge, but we realised that third party resources can work effectively alongside in-house staff to gain greater synergies. This has changed how the business views the value we add, they are recognising the value we bring.”
Mark Johnston, Head of Internal Audit
THE ASK
We need more expertise in complex technology enabled programme
easyJet Internal Audit are highly qualified and experienced in all aspects of financial risk and audit controls, but recognised the need to grow project and programme expertise.
They were short of the resources needed to assess two key programmes: HR Transformation (including the integration of new HR and Payroll platforms); and Customer Payments.
OUR RESPONSE
A co-sourcing solution with insight and talent to build capability and assure key programmes
Rather than a simple controls audit ‘tracking progress to plan’, the Audit Executives were keen to ensure any review provided value to the business with clear directives to improve confidence in delivery.
At the same time developing Internal Audits expertise and knowledge in ‘Intelligent Change’.
We led the stakeholder meetings and drove questioning to uncover potential issues and risks (the ‘unknown unknowns’), and test the validity of planned mitigations.
In the background, a consistent and reliable reporting framework was created to enable meaningful, clear, digestible and actionable reports.
OUTCOME
WE IDENTIFIED KEY PIVOT POINTS WITH PROGRAMME TEAMS, EMBEDDED THEM IN PROGRAMME GOVERNANCE AND CHECKED ON RESOLUTION PROGRESS
WE GAVE CONFIDENCE TO THE AUDIT COMMITTEE WITH HONEST ASSESSMENT OF THE PROGRAMMES AND THEIR RISK EXPOSURE
WE BUILT IN-HOUSE SKILLS AND KNOWLEDGE TO BUILD INTERNAL AUDIT CREDIBILITY - THEY ARE NOW CONSIDERED AN ESSENTIAL LINE OF DEFENCE IN THESE CHANGE PROGRAMMES
