Internal Audit Transformation
The redesign of the internal audit function to meet the demands of a changed organisation.
Global Executive Advisory
Building better governance through experience.
Independent advisory built on nearly three decades of international experience in internal audit, governance and risk management — trusted by organizations seeking stronger controls and smarter audit functions.
30+Years Experience
60+Countries Audited
CIA | MBACertified Credentials
BoardLevel Advisory
Former Arthur AndersenHead of Internal AuditInternational SpeakerCorporate TrainerGlobal Audit Experience
Istanbul · Global
The Advisor
Independent advisory for boards and executive leadership.
A global advisory built on three decades of senior internal audit experience.
The advisory was established to provide independent guidance to organisations on the work of internal audit and the governance of risk. Its founder, Salih Ahmed Islam, has spent nearly three decades inside the profession — beginning his career at Arthur Andersen and most recently serving as Head of Internal Audit at Flormar, an international cosmetics brand operating across more than one hundred countries.
Across his career he has built and led audit functions through periods of expansion, transformation and stress. He has designed audit universes from first principles, run multi-country audit programs, led complex fraud investigations, and advised executive leadership and audit committees in environments ranging from manufacturing and distribution to multi-site retail networks.
Advisory assignments are accepted selectively, on a project or retained basis, with organisations that recognise the value of independent guidance at this level.
Advisory
Eight defined areas of senior advisory work.
The advisory undertakes selected assignments for boards, audit committees and executive leadership across the architecture of internal audit, governance and risk.
Governance Advisory
Strategic advisory on the design and effectiveness of corporate governance.
Enterprise Control Framework Design
The design of the internal control architecture across the enterprise.
Fraud Risk Advisory
Strategic advisory on the management of fraud risk at the enterprise level.
Audit Committee Advisory
Confidential advisory to audit committees on their work and standing.
Delegation of Authority Framework Design
The design of the framework through which authority is exercised across the organisation.
Global Subsidiary Governance Design
Governance architecture for multinational corporate groups.
Internal Audit Quality Assessment
External quality assessment conducted to the standards of the Institute of Internal Auditors.
Professional Learning Center
Executive education in internal audit, governance and risk.
The Learning Center brings together the structured programs through which Salih makes thirty years of senior advisory experience available to organisations and audit leaders. Programs are designed for chief audit executives, internal audit functions, audit committees, and senior risk and compliance leadership.
Audit Committee Briefings
Closed-session briefings for audit committees and boards on internal audit, governance posture and the oversight of risk.
Chief Audit Executive Masterclass
A senior program for incoming and established CAEs — covering the audit function as a strategic asset, board-level communication and modern audit leadership.
In-house Programs for Audit Functions
Bespoke programs delivered to internal audit teams of major organisations, designed around the team's industry, risk environment and current priorities.
Audit Transformation Programs
Multi-month programs supporting organisations through audit function redesign, methodology overhaul or transformation initiatives.
Audit Knowledge Center
Perspectives on internal audit, governance and risk.
A library of perspectives, frameworks and commentary on questions facing the internal audit profession — written by Salih Ahmed Islam from three decades of senior advisory experience.
November 2026
On the changing remit of internal audit in family-held multinationals
A short essay on the shift in audit committee expectations across owner-managed international groups.
September 2026
The audit universe, revisited
Why the traditional audit universe falters in modern multi-entity organisations — and how senior practitioners are rebuilding it.
July 2026
Notes from a fraud investigation
Reflections on the structural conditions that allow large-scale fraud to persist undetected.
Case Studies
Selected advisory work across sectors and geographies.
Representative work from the advisory. Anonymised in detail; specific in substance.
Consumer & Retail · Gulf Region
Internal audit transformation for a regional consumer brand operating across the GCC.
Manufacturing · Europe
Audit committee effectiveness review for a manufacturing group preparing for public listing.
Retail · International
Senior advisory support to a multinational fraud investigation in the retail sector.
Manufacturing · International
SOX readiness program for a manufacturing organisation transitioning to US listing.
Distribution · Europe
Internal audit function design for a privately held distribution business.
Multi-Country Retail
Audit methodology and reporting framework redesign for a multi-country retail network.
Speaking
Keynotes, board briefings and conference addresses.
Salih is invited to speak at conferences, audit committee retreats, board briefings and executive forums on internal audit, governance, fraud and risk. Sessions are delivered in English and Turkish, in person and virtually, internationally.
Topics Include
- 01—The next decade of internal audit
- 02—Internal audit as a strategic function of the board
- 03—Fraud risk in distributed international organisations
- 04—Audit communication that influences decision-making
- 05—The audit committee and the audit function
Video Commentary
Selected video commentary on internal audit, governance and risk.
Short video pieces on contemporary issues in internal audit, governance and risk are published periodically on YouTube — an established resource for professionals in the field, with a sustained international audience.
Reflections
From the boards and audit committees we have served.
Salih's guidance brought a clarity to our audit committee that we had not previously experienced. His judgment is the work of a career.
We retained Salih during a particularly demanding period of governance reform. His standing in the profession was matched only by the calm with which he advised us.
Among the most experienced and respected voices in internal audit and governance in the region.
Contact
For confidential enquiries.
Advisory assignments, executive education programs and speaking invitations are accepted on a selective basis. Enquiries are reviewed personally and responded to in due course.