Internal Control Implementation

An Internal Control Implementation Consultant can help your organization in a number of ways, such as:  

  1. Assessing the organization’s current internal control environment and identifying areas for improvement.
  2. Developing and implementing internal control policies and procedures to ensure compliance with laws, regulations, and industry standards.
  3. Designing and implementing systems and procedures for monitoring compliance with internal control policies and procedures.
  4. Conducting risk assessments and recommending measures to mitigate identified risks.
  5. Assisting in the development of a control framework such as COSO or COBIT
  6. Reviewing and testing financial and operational controls, including financial reporting and accounting, inventory, payroll, and purchasing controls.
  7. Providing training and education to employees on internal control best practices and procedures.
  8. Communicating with management and stakeholders to provide updates on internal control status and report on potential issues.
  9. Assisting in the implementation of remediation plans to address any issues identified during the internal control assessment.