Internal Audit Services
Bestax’s Internal Audit Services adopt a proactive, risk‑based approach to drive value across your organization.
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Internal Audit Services in Canada
That Strengthen Your Business from Within
At Bestax, our internal audit services go beyond compliance. We provide proactive, risk-based insights designed to protect your organization and support sustainable growth.
At Bestax, we offer more than routine checks, we deliver strategic internal audit services for your business. Our approach goes beyond compliance, providing clear insights into risks, controls, and operational efficiency. By examining your processes, governance, and financial systems, we help you anticipate challenges, uncover opportunities, and make smarter decisions.
Whether you are a small enterprise or a large corporation, our audits are designed to strengthen trust, ensure regulatory compliance, and drive sustainable growth across your organization. With Bestax, internal audit becomes a powerful tool to protect your business and unlock its full potential.
Our Strength in Numbers
10+
Experience
35+
Professionals
1000+
Clients
100%
Satisfaction
Why You Need Internal Audit Services
In today’s business environment, reliable financial information is essential for compliance, growth, and stakeholder confidence.
01
Regulatory Compliance and Risk Management
Canadian law, investors, and lenders often require audited financial statements. Our independent audits confirm that your records are accurate and your internal controls are robust.
02
Build Stakeholder Trust and Transparency
Enhanced audit reports, including Key Audit Matters (KAMs), highlight risks and management judgments, giving stakeholders confidence in your accountability and decision-making.
03
Improve Operational Efficiency
Through risk-based audit planning and detailed control testing, Bestax identifies inefficiencies, process gaps, and potential areas for operational improvement. This leads to stronger governance, smoother workflows, and more efficient resource management.
04
Facilitate Access to Capital and Growth
Audited financial statements are often mandatory for securing financing, attracting investors, or pursuing mergers and acquisitions.
05
Stay Current with Accounting Standards
Accounting rules in Canada, such as IFRS, ASPE, and ASNPO, are constantly evolving. Our experts ensure your organization adapts to new standards, reducing errors and avoiding costly misstatements.
06
Strengthen Long-Term Business Strategy
Beyond numbers, audit and assurance insights help you make smarter strategic decisions. By understanding financial risks, trends, and opportunities, you can have a plan for sustainable growth.
Contact Bestax for Internal Audit Services in Canada
Whether you are preparing for your first audit or looking to upgrade your current service, our team is ready to help.
Why Choose Bestax for Internal Audit Services
Experienced Audit Team
Our team has years of experience across different industries and types of risks. We provide audits that are clear, practical, and follow Canadian rules, helping you make smarter decisions.
Smart Technology and Analytics
We use advanced tools, automation, and real-time audits to spot risks and inefficiencies early. This keeps your business ahead of problems and changes in regulations.
Flexible Audit Options
Bestax offers co-sourced, outsourced, or fully managed internal audits. This means we can work with your team or handle the audit entirely, based on what your business needs.
Complete Risk Coverage
We don’t just look at financial controls. Our audits cover governance, operations, IT systems, ESG initiatives, and compliance, giving you a full picture of your organization’s risks.
Global Knowledge, Canadian Focus
We combine international best practices with deep understanding of the Canadian market, helping you improve operations, stay compliant, and grow confidently.
How Bestax Supports Your
Internal Audit Needs
We can fully manage your internal audit function or work alongside your in-house team. This gives you access to specialized skills and proven audit methods while keeping control over your processes. Our solutions are flexible and scalable to match your resources and growth.
Using real-time auditing tools, we help you spot issues early, prevent control failures, and respond faster to risks. Continuous monitoring ensures your organization stays protected and compliant.
We integrate advanced data analytics and automation into your internal audit processes. This allows you to identify trends, detect anomalies, and focus on high-risk areas efficiently.
We provide guidance and training for audit committees on governance, risk, and internal controls. This boosts oversight effectiveness and ensures committees understand changing regulatory expectations in Canada.
Bestax uses advanced data analytics, automation, and continuous monitoring to enhance audit coverage and efficiency. This approach delivers actionable insights, detects issues early, and improves overall audit quality, empowering management to make informed decisions and reduce risk.
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Our Success Stories
Kim Angelo
I used Bestax for corporate taxes and honestly the process was so much easier than I expected. They explained everything in simple language, no jargon, and the filing was done on time. I felt confident leaving it in their hands.
Margie Wilson
I recently started my own tattoo parlor, and these guys helped me out from day one. They walked me through setting up my business and gave me sound advice on handling my accounting. What I like most is that they don’t try to oversell you things you don’t need. You can tell they’re more interested
Lisa Wilson
These folks know their accounting. I run a small IT consultancy and they helped streamline my invoices, CRA reports, and year-end tax filings. No more spreadsheets and late nights for me.
Thomas Dawkins
Incorporating my second business felt easy thanks to their help. The whole process was smooth, and they even gave some good tips for naming conventions and tax planning.
Lisa Richards
I can’t say enough good things about them. They made setting up my business a breeze and took care of everything from the HST registration to setting up my corporate tax filings
Frequently Asked Questions
What is the purpose of an internal audit?
Internal audits provide independent assurance that your organization’s governance, risk management, and internal controls are working effectively. They help identify risks and improve operations.
How is internal audit different from external audit?
External audits focus on financial statements and provide an opinion for stakeholders. Internal audits look at risks, controls, and governance across the organization, reporting findings directly to management and the board.
Do we need an internal audit function?
Internal audits benefit organizations of all sizes by identifying risks, improving compliance, and enhancing performance. For publicly listed or regulated companies, internal audits are often required by law or regulation.
What sourcing models do you offer?
Bestax provides co-sourcing, outsourcing, and advisory models. You can supplement your in-house team with our specialists or fully outsource your internal audit function.
How often should internal audits occur?
Audit frequency depends on industry and risk level. High-risk areas may need continuous auditing, while other areas can be reviewed annually or based on an audit plan.
Will internal audit disrupt our operations?
No. Our collaborative approach minimizes disruption. Using data analytics and remote monitoring, we focus on high-risk areas while limiting on-site testing.
What deliverables will we receive?
We provide clear reports outlining findings, risk ratings, and recommendations. Clients also receive dashboards and monitoring tools for ongoing insights.
How do you ensure independence?
Our auditors report to the board or audit committee, not management. We follow professional standards and avoid operational roles to maintain objectivity and independence.
Can internal audit help with ESG and sustainability reporting?
Yes. We review controls and reporting processes for environmental, social, and governance (ESG) metrics, helping your organization meet stakeholder expectations and regulatory guidance.
How can we get started?
Start with a risk assessment or maturity review. Bestax will create a customized audit plan based on your objectives, risks, regulations, and available resources.