At Independent Audit Ltd, we believe that effective governance is the key to driving business performance. We don’t just focus on compliance. We help boards discover how they can contribute to a more successful business that also creates value for society.
We understand the power of good questions
We apply our experience of observing hundreds of boards at work to provoke deep thinking and purposeful reflection. We’ve distilled our insights to create an online board assessment platform, Thinking Board, that delivers so much more than a standard questionnaire.
Our people are our best asset
We’re proud of our team’s considerable expertise, which covers some of the most complex and specific governance structures. We strive to exceed our clients’ expectations and go the extra mile to achieve a board review with practical outcomes.
Our model for effective governance
Comprehensive coverage and incisive focus on key priorities
Our model for effective boards covers the 12 foundational areas critical to a board’s success. We check your board’s performance against all of these elements, but we also cover other angles that are specific to your organization and your board. We prioritise suggestions to help you create a workable action plan.
Regardless of whether you’re looking for an external or an internal, we check your board against all these elements
Externally-facilitated
board reviews
Listed companies in the UK are required to conduct a board effectiveness review every three years. Many other organisations follow this as good practice. We have a range of solutions, either interview-based or using Thinking Board, to suit different requirements and budgets.
Internally-facilitated
board reviews
An effective internal board review supports ongoing focus on development and ensures your board is equipped to handle change.
Discover how we can help you design a cost- and time-effective solution that delivers real value.
Using Thinking Board support continuous board development and provide assurance
Our online governance assessment platform offers… etc.
- A cost-effective way to track progress from year to year and across business areas
- Responses are unattributable and all information remains completely confidential
- Focus more deeply on one aspect of the board’s work
- Identify the likely cause of an issue even when no comments are provided
- Compare performance across subsidiary boards
- Save time with board-ready reporting
- Assess ESG governance, risk oversight, committee effectiveness, individual director performance… and more
Always led by experts
We know the value of experience when it comes to asking the right questions and spotting the important elements for discussion. Our board review team are seasoned experts with deep experience across the areas of the Board’s work.
What our clients say
“We were particularly drawn to Independent Audit because they offered a flexible approach tailored to our particular requirements – I would choose them again for that reason. The whole process ran very well and the report provided several key suggestions for development which provoked a profitable discussion at the Board.”
“We wanted to make sure our internal board review delivered genuine value and Independent Audit helped us achieve that. We had a lot of positive feedback from NEDs on the process and the final report generated a really good conversation at the Board which will lead to meaningful improvements.”
“I was delighted to have Independent Audit facilitate our internal board review using their Thinking Board platform. We benefited from their expertise and prior knowledge of the firm. The board found the report balanced, thought-provoking and enjoyable. It exceeded our expectations of what can be achieved with an internal review.”
“Independent Audit’s automated online platform was really easy to use and very efficient in terms of the minimal time required to administer. The generated report was very helpful in that, beyond fulfilling compliance needs, it stimulated a worthwhile board discussion. When you consider the amount of CoSec time saved, the simplicity of the process and the quality of the report, it really is excellent value for money and a significant improvement on anything we could undertake internally.”
“The whole process of our review with Independent Audit was sensible, focused, and constructive. The directors felt they could be open and honest, and the review resulted in a very clear and balanced view of the Board’s effectiveness.”
“We wanted our board review this year to build on the previous one and Thinking Board provided us with both like-for-like comparison and fresh content that covered new developments. The process was clear with excellent support and the report provided the board with valuable insights. The Independent Audit team were professional, experienced and very
