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 Internal Audit

Internal audit and risks assessment

Internal audit is one of the most important managerial tools in an organization. Its objective is to map a reduction of risks and improve managerial controls, in order to meet the goals set by the organization's management.


Managerial controls include: 

  • Prescribing policies.

  • Prescribing and updating procedures.

  • Prescribing control processes.

  • Dividing responsibilities and authorities.

  • Creation of a system of checks and balances.

  • Creation of a reporting system.

  • Prescribing the organizational culture.


Caspy & Caspy serves as the internal auditor of national institutions, public bodies, financial institutions and not-for-profit organizations. The Firm also provides services to government ministries. The Firm has special expertise in internal auditing of payroll and labor relations and undertakings with the banking system.


Investigative auditing

Investigative auditing includes: prevention, identification and quantification of acts of fraud and deception; identification and estimate of the historical value of assets. Investigative auditing is intended for business organizations, local authorities and government officials.


Caspy & Caspy provides investigative audit services to corporations and government officials. The Firm served as the internal audit of Mizrahi Bank Ltd. on behalf of the Parliamentary Committee for Location and Restitution of Assets of Holocaust Victims.

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