INDEPENDENT EVALUATION OF PROCEDURES
We will not only review corporate documentation that describes the customer's internal control system, but also interview employees involved in accounting and reporting processes. We will analyse task allocation, effectiveness and adequacy of control procedures. We will provide practical recommendations in case of gaps and deficiencies.
COMPANY AND STAFF RISK MITIGATION
We optimise controls, eliminate redundant processes and develop missing procedures. We help reduce the risk of financial losses for the company, such as non-compliance with the"4 eyes" principle (e.g., authorisation of payments, accounting, and reflection of received services by one employee only) and individual risks of officials, such as CEO, CFO or chief accountant.
SET-UP AND AUTOMATON OF PROCEDURES
We will automate the necessary control procedures with the help of basic tools and our in-house add-ons for ERP. We will connect additional modules to your ERP configuration, conduct user training and undertake support of the implemented system.
SATISFACTION OF AUDIT REQUIREMENTS
We will help develop high-quality internal documentation for the internal controls system which is requested by auditors during regular audits. We will train your employees in the correct implementation of control procedures for the successful pass of audit by your company.
SUPPORT FOR INTERNAL CONTROLS
We will provide methodological support to your internal controls service. We will timely inform you about relevant legislative changes that require adaptation of control procedures and share best practices to organise controls based on our own experience.
REGULAR MONITORING AND OPTIMISATION
If you do not have in-house specialists, we will take on the internal controllers function. Not only will we help build an internal controls system, but also organise regular monitoring of control procedures, analysing their relevance and adequacy.