Our Expertise

Our team of professionals brings a lot of experience to the company and together we are able to provide tailored and quality services.  Our mission is to provide an excellent service to all our clients. Prozilog’s client base already consists of various clients in a large number of industries including mining, entertainment, parastatals etc.
Corporate Governance

We consult on best practices in accordance with appropriate codes and leading practices and industry norms. Our advice ranges from ethics related frameworks and policies, to charters, mandates and policies, to tools to implement, manage and monitor all aspects of corporate governance.

We perform Quality Assurance Reviews on the Internal Audit Functions of organisations to ensure they conform to International Standards of the Institute of Internal Auditors and add value to the corporate governance and risk management processes of the organisation.

 

 

Professional Training

We are involved in training, lectures, technical seminars and updates on internal auditing standards, tools and techniques, specific internal audit engagements, risk management principles and processes, basic IT auditing and forensic investigations.  Our training specialists obtain their knowledge, experience and skills from their involvement in providing proven internal audit and corporate governance solutions and offering a wide range of technical skills and industry knowledge.

Prozilog Training is also often requested to develop and present tailored In-House Training courses for various organisations in both the public and private sector.

Internal Audit

Prozilog performs internal audit services on a fully-outsourced or co-sourced basis to our clients.  internal audit services are performed using a risk based audit approach supported by a flexible and internationally accepted audit methodology, which ensures effective functioning of corporate governance and adapts to the changing needs of organisations.  Our approach and methodology is aimed at assisting management and the oversight function in the effective discharge of their risk management, governance and internal control responsibilities.  Our approach is a direct derivative of both the KING IV report on Corporate Governance in South Africa; and The Standards for the Professional Practice of Internal Auditing of the Institute of Internal Auditors.

We are able to assist in:

  • Structuring the Internal Audit Activity:

    • Resources

    • Charters

    • Service level agreements

    • Reporting structures

  • Formulating an audit universe;

  • Compiling a risk based audit plan;

  • Putting together the necessary resources to satisfy the audit plan;

  • Selling the plan to the council/board/oversight function and audit committee;

  • Reporting to the audit committee and the council/board/oversight function on all aspects regarding the internal audit function;

  • Establishing an on-going quality assurance and improvement program; and

  • In some cases assisting management in establishing enterprise risk management processes and systems.

Risk Management

Prozilog can assist an organisation in developing tailor-made risk management strategies, policies and procedures that also comply with the requirements of the King III/IV report, the Public Finance Management Act (PFMA), the Municipal Finance Management Act (MFMA), and/or the National Treasury Regulations.  We have extensive experience across the public and private sectors of such strategies and documents as can be seen from our references. The basis of our risk management solutions is the COSO (Committee of Sponsoring Organisations) Enterprise Risk Management Integrated Framework.

IT Governance

Prozilog provides business stakeholders with an independent professional opinion relating to the value that is received from Information Technology within their organisation, including whether IT related benefits, risks and resources are effectively and efficiently managed.

Our reviews and advice are based on professional experience, relevant industry codes and leading practices recommended through frameworks such as COBIT, ITIL, ISO 38500 etc.