Designing and implementing an effective internal control framework can place a strain on resources. With the right partner, internal controls can go beyond mitigating risk and help your organization optimize business processes to deliver measurable performance improvements on an ongoing basis.
An intentionally designed internal control framework yields strategic benefits, efficiencies, and insights.
Unlike a financial statement audit that’s designed to express an opinion on financial reporting, an internal controls-related engagement looks at the entire organization’s ability to meet its business objectives. Our risk advisory team evaluates internal controls based on the gaps that might prevent your business from operating successfully, as well as opportunities that can create long-term value.
An effective internal control framework focuses key controls on mitigating critical risks while balancing resources, addressing issues at the root cause, and fostering agility to be ready for new opportunities.