An effective system of internal control is vital to an organisation’s achievement of its business objectives and reduction of suprises along the way. The high-profile corporate scandals and failures we have witnessed in recent years are encouraging private companies to place a renewed emphasis on their internal controls. Addressing risk is a critical element in surviving today’s challenging economic environment.
Our internal control reviews provide management with reasonable assurance that your company’s policies and procedures are adequate and are being enforced in the areas of operations, financial reporting, and compliance with laws and regulations.
Our internal control services include:
- Documenting your current processes including preparation of flowcharts to visually see the flow of information.
- Development of policy manuals to formalize responsibilities.
- Identify significant deficiencies and material weaknesses in internal control.
- Recommendations on changes to internal control including follow-up flowcharts and manuals.