• Former Federal Agents
  • 100 Years of Combined Experience
  • Investigations, Compliance & Defense
Chris Quick

Former Special
Agent (FBI & IRS)

Roger Bach

Former Special
Agent (DOJ-OIG & DEA)

Timothy Allen

Former Special Agent
(U.S. Secret Service & DOJ-OIG)

Ray Yuen

Former Special
Agent (FBI)

Michael S. Koslow

Former Special
Agent (DOD & OIG)

Our Former Federal Agents Assist Companies with Internal Auditing and External Audit Defense

Tim Allen

Internal Audit Team Lead – Timothy E. Allen | Former Special Agent (U.S. Secret Service & DOJ-OIG)

Internal and external audits are two very different types of events. Internal audits provide certainty and serve an essential risk mitigation function, while external audits present risks for recoupments, civil fines, and other penalties.

Despite their differences, internal and external audits require a similar approach in certain respects. Internal audits and external audit defense strategies must be similarly comprehensive, and both must be executed proactively in order to fully serve their intended purpose. Both also require deep insights and practical expertise.

At Corporate Investigation Consulting, we provide internal audit and external audit defense consulting services to companies nationwide. We work with companies in all industries and sectors, from hospitals and pharmacies to private equity funds and family investment offices. Having formerly served in top positions at the Federal Bureau of Investigation (FBI), U.S. Department of Justice (DOJ), and other federal investigative agencies, our consultants and specialists are well versed in contemporary audit tactics. We bring centuries of relevant experience to helping companies avoid liability during federal inquiries.

Put our highly experienced team on your side
Roger Bach

Former Special Agent (OIG)

Timothy E. Allen

Former Senior Special Agent U.S. Secret Service

Chris J. Quick

Former Special Agent (FBI & IRS-CI)

Maura Kelley

Former Special Agent (FBI)

Ray Yuen

Former Supervisory Special Agent (FBI)

Michael S. Koslow

Former Supervisory Special Agent (DOD-OIG)

Dennis A. Wichern

Former Special Agent-in-Charge (DEA)

Marquis D. Pickett

Special Agent U.S. Secret Service (ret.)

Internal Audit Consulting

Companies in various industries must conduct internal audits on an ongoing basis to ensure statutory and regulatory compliance. From securities law compliance to compliance under the Controlled Substances Act and Medicare billing rules, companies’ compliance obligations can take many different forms.

We assist companies with all aspects of internal auditing, from developing audit plans and strategies to conducting the audits themselves. We assist our clients both on-site and remotely, and we provide concrete and practical advice that our clients can use to make informed decisions in real time.

We also consult with companies regarding ad hoc internal audits. Various circumstances can prompt a targeted internal audit. For example, we routinely consult with companies that are facing matters such as:

  • Federal compliance audits and investigations
  • Civil and commercial litigation
  • Employee harassment, discrimination, and wrongful termination claims
  • Cybersecurity breaches
  • Mergers and acquisitions

In all situations, comprehensiveness is the key to making informed decisions. If any data source goes overlooked, this could frustrate the entire purpose of the audit. With our consultants’ and specialists’ backgrounds and expertise, we are able to ensure that our clients have all of the data they need, and we are able to help them make strategic decisions with confidence.

External Audit Defense Consulting

If your company is being audited by a government agency or contractor, insurance company, or other private party, you need to know what the audit is going to uncover. This is the first step toward building a targeted defense strategy. Until you know what information (if any) is going put your company at risk, you have no way of knowing how—or even if—to build your company’s defense.

In addition to providing internal audit consulting, our former federal agents provide consulting services for external audit defense. Our broad experience encompasses matters involving:

  • U.S. Department of Defense (DOD)
  • U.S. Department of Health and Human Services (DHHS)
  • U.S. Department of Justice (DOJ)
  • U.S. Department of Labor (DOL)
  • U.S. Food and Drug Administration (FDA)
  • U.S. Securities and Exchange Commission (SEC)
  • Centers for Medicare and Medicaid Services
  • MACs, RACs, and UPICs
  • Private insurance companies
  • Pharmacy benefit managers (PBMs)

If your company is facing an external audit, you do not have time to waste. We encourage you to contact us promptly so that we can help you start making informed decisions today.

FAQs: Internal Audits and External Audit Defense

Q: How often should my company be conducting internal audits?

The frequency with which companies should conduct scheduled internal audits depends on factors ranging from the purpose of the audits to the company’s compliance history. While conducting an annual full-scale audit is a good rule of thumb, there are various circumstances in which it would be prudent to conduct internal audits more frequently.

Q: Why shouldn’t my company handle its own internal auditing in-house?

Conducting an internal audit requires expertise in both the subject matter of the audit and the necessary auditing procedures. Unless your company has personnel with this combined expertise, you will need to engage an outside consulting firm to handle your company’s internal audits.

Q: What should my company do if an internal audit reveals compliance deficiencies or other failures?

Too often, companies view internal auditing as an effort to rubber-stamp their compliance policies and procedures. An internal audit should not be biased toward one particular outcome, but rather designed to produce accurate and reliable information—whatever that information may be.

If an internal audit reveals compliance deficiencies or other failures, then the next step is to determine how to remedy the issues that have been identified. In addition to providing audit consulting services, we assist our clients with all aspects of compliance, cybersecurity, and risk management.

Q: What are the steps involved in responding to an external audit?

When facing an internal audit, the first step is to intervene and gather as much information about the audit as possible. Then, it is imperative to conduct an internal audit focused on uncovering any issues before internal auditors discover them. With this information in hand, companies can then formulate defense strategies that address the specific issues that are likely to arise during the external audit process.

Q: Does my company need to hire a consulting firm for external audit defense in addition to engaging legal counsel?

Yes. There are several benefits to engaging the right strategic consulting firm in addition to engaging legal counsel during an external audit. At Corporate Investigation Consulting, our former federal agents bring a wealth of unique experience and insights to helping companies navigate high-risk external audits, and we work with our clients’ legal counsel to build and execute comprehensive and effective defense strategies.

Schedule an Appointment With Us Today

If you would like more information about our internal audit or external audit defense consulting services, we encourage you to get in touch. To speak with a senior former federal agent about your company’s needs, please call 866-352-9324 or inquire online today.

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Contact the Experienced Consultants of Corporate Investigation Consulting Now for a Confidential Consultation

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Call 866-352-9324 or request an appointment online. We are available 24/7, and our consultants can take action immediately to protect your company.