Controls Assurance

For organisations that require an independent evaluation of processes and related controls, PwC advises management on:

  • Overall management controls
  • Assurance regarding business processes, systems, data and technology management
  • Risk management
  • Traditional third party assurance

Our services enable organisations to gain comfort that their systems, processes and risk management procedures are operating effectively within a well-controlled environment.

Potential issues

  • You are implementing a new IT system, and want to know whether the controls are adequate
  • You need confidence in the quality of the information coming out of your management information systems
  • With system changes and complex legacy systems, you want to prevent a controls breakdown
  • You want to ensure that your risk management framework is effective
  • You have just had a major accounting breakdown and want to rectify the problem.

How we can support you

  • Assurance that adequate controls are in place to mitigate key risks facing the business
  • Comfort that key controls have been implemented prior to major systems going live
  • Assurance that key processes are providing reliable reports to enable management to make appropriate decisions
  • A structured recovery from a systems breakdown
  • A robust risk management framework to identify risk
  • A comprehensive, independent report on controls that can be used by third parties (SAS 70).

PwC's independent controls and process assurance services include

  • Risk management
  • Corporate governance
  • Production of process flow diagrams and documentation
  • Design, implementation and testing of controls
  • Shared service centres / process reviews
  • Due diligence on systems and controls
  • Third party reports / opinions e.g. internet gaming, web seals
  • Independent SAS 70 reviews
  • Systems - pre- and post-implementation reviews
  • Assistance on Turnbull and Sarbanes-Oxley 404 requirements.