System & Internal Controls

Internal control system improvement projects involve our consultants assisting companies to identify and assess risks related to the accuracy of their financial statements and the security of their assets. Based upon these risks they make an assessment as to the adequacy of the internal control procedures designed and perform checks on whether these procedures are appropriately implemented. Upon completion of these assessments our consultants develop documentation that clearly describes the processes, risks and controls identified, and any recommendations for internal control improvements based upon leading practices.

In conducting these projects we place emphasis on control efficiency and continually search for ways that the internal control system can be further rationalized in order to achieve reduced costs for the organization. We apply a “top-down” approach to our engagements to ensure that the key risks of the company are addressed. Our proprietary risk and control database which is based upon best practice allows our consultants to focus on only those controls that cover the key risks of the company, resulting in a more efficient control environment for the company.