Advisory · Organisation · Development
Internal control
1. Brief service summary
Examine how your operations are governed, check the consistency of responsibilities and prepare a control arrangement proportionate to your organization's risks, activities and resources.
2. Your needs
Recurring incidents, informal approvals or poorly documented controls may limit visibility of how operations are controlled. You wish to understand existing arrangements and identify areas to strengthen without unnecessarily multiplying procedures.
3. Objectives of the engagement
The engagement aims to connect risks to expected controls, clarify responsibilities and prioritize improvements. It also seeks to facilitate control monitoring and reporting of anomalies to the managers concerned.
4. Indicative scope
The review may cover a process, a function or a defined set of operations. It may examine authorizations, reconciliations, segregation of duties, access, evidence of controls and exception handling. The analysis distinguishes control design from its observable application in an agreed sample.
5. Possible delivery arrangements
Interviews, procedure reviews, operational walkthroughs and document examination may be combined. Findings are discussed with managers to clarify causes, possible consequences and potential actions.
6. Possible deliverables
Deliverables may include a risk-control matrix, a responsibility map, control sheets and a strengthening plan with priorities and monitoring arrangements.
7. Conditions and limitations
The engagement does not guarantee the absence of fraud, error or incidents. It is neither certification, a statutory audit nor an independent assurance opinion. Management responsibilities remain with the organization; any specific sector requirement must be identified and examined during scoping.