Consulting

The most effective internal control systems are practical, efficient, and effective.  Internal controls are policies and procedures designed to protect your assets, ensure accurate financial reporting, and help your organization achieve its goals. A well-designed system of internal controls focuses on prevention, rather than detection. Our clients often find it helpful to have an expert help them design or improve the design and implement internal controls to make sure that they are working as intended. 

To help you build an effective in-house system for internal control over financial reporting we will analyze your existing internal controls design or we will design one from scratch to identify and mitigate weaknesses in control procedures and management processes.  How do we do it? by...

• evaluating corporate documentation of internal controls

• interviewing employees involved in accounting and reporting processes

• analyzing the allocation of tasks, segregation of duties, and its effectiveness and adequacy

• providing practical recommendations to address gaps and deficiencies

• assisting in the preparation of high-quality internal controls documentation

• training your employees in oversight and regular monitoring of the control procedures