Internal control is a management responsibility. When the stakes are high and the risk of losses catastrophic, the board and executive management may demand continuous assurance. They need assurance that internal controls, regulatory requirements, policies and procedures are being followed in every corner and at every level of the business. This can be a significant challenge in many geographically dispersed or complex companies.
The trends toward more stringent corporate governance emphasise the need for a more complete and effective response. We can help you respond to and meet the challenge. We can help you to get the level of detail, clarity and assurance that you need – whether your focus is process improvement or, standardisation or tightening of internal controls. We use a proven approach of control self assessment which combines leading edge tools and methods, deep experience in process analysis and structured input from your people.
Your self assessment tool and framework will be tailored for your specific needs, and will be designed to fit seamlessly with your existing internal audit processes to provide the continuous assurance your board and executives demand. Our service includes all aspects of design, testing, implementation and follow-up.
Talk to the team about your control self-assessment.