Internal control

Overview

Are you satisfied with your current internal controls framework?

The need to have robust and efficient systems and processes is a prerequisite for good controls governance. As your business grows and matures, the impact of changes on systems and processes can be huge, with the all-too-frequent result that tried-and-tested processes have started to fail. 

A timely review of your processes and controls can help ensure that their design continues to address your needs and risks, and also ensures their efficiency and effectiveness. Indeed most leading countries’ corporate governance codes now require boards of companies to annually review their controls and processes across financial, operational, and compliance areas to ensure that they are working adequately. 

• Assistance on Sarbanes-Oxley (SOX) requirements
• Project management activities 
• Guiding management to develop a clear “tone from the top”; 
• Measuring and monitoring your control culture; 
• Ensuring your processes incorporate expected levels of keycontrols; 

• Documenting your process flows and controls needed to supportUS SOX and any other relevant regulations;
• Developing monitoring systems to ensure your controls work tosupport local governance and reporting needs;
• Delivering internal controls training to management and staff
• Evaluation of business process controls
• Business process improvement

How we have added value for our clients

• Designed frameworks and processes that enhancecontrols over key risks across different businessesand locations, helping organisations to runbusinesses more efficiently and effectively; 
• Shared industry best practices and providedpractical guidance on what would be appropriatefor individual companies;
• Ensured management clearly own all key risks andhave effective counter-measures in place; and
• Improved transparency with respect to riskmonitoring and reporting.