Controls review and advisory
Controls review and advisory
Strengthen your internal controls to deliver operational results
- Design and review existing standard operating procedures to reflect the current operating environment
- Benchmark processes and/or systems against leading industry control templates
- Optimise existing internal controls to address the most critical business risks
- Develop arisk-based, internal control framework
- Upskill your team on controls documentation in accordance with COSO (Committee of Sponsoring Organisations of the Treadway Commission) method
Design and review - Schedule of authority
Design and review - Schedule of authority
Expedite your decision making process
- Understand your appetite for risk in your business dealings
- Assess the maturity of your current internal controls, as well as the nature and volume of transactions
- Expedite your business decision making process with a business friendly schedule of authority (SoA)
Sarbanes-Oxley compliance solutions
Sarbanes-Oxley compliance solutions
Deliver internal controls advisory services in accordance with Section 404 of the US Sarbanes-Oxley Act (SOX), Japanese Financial Instruments and Exchange Act (J-SOX), Korea Sarbanes Oxley Act (K-SOX), China's Basic Standard for Enterprise Internal Control (C-SOX) and other laws and regulations through:
- Delivering customised, interactive training programs and workshops focused on the familiarisation of employees with SOX, J-SOX, K-SOX, C-SOX requirements
- Delivering Risk Assessment /Scoping exercises
- Assessing the degree of readiness and the level of maturity of company controls in meeting SOX, J-SOX, K-SOX, C-SOX requirements
- Documenting key business processes (through narratives / flowcharts / risk matrices), identifying key controls, performing walkthroughs and assessing the design effectiveness of controls, based on PCAOB standards and the COSO framework
- Testing the operating effectiveness of company controls
- Evaluating identified deficiencies and providing recommendations for improvement