Engagement
Internal Control Assessment
A focused assessment of controls over financial reporting — purchase-to-pay, revenue recognition, and month-end close — with ranked findings.
Who this is for
Finance directors and controllers who want an independent view of control design before a statutory audit or after a process change.
Result you receive
A written assessment of control design and selected operating effectiveness tests, with a prioritised remediation list tied to financial statement risk.
Scope
Included
- Walkthroughs of selected cycles with process owners
- Testing of a sample of control operations for key controls
- Findings ranked by financial statement impact
Outside this engagement
- Full SOX-style multi-location programmes unless scoped separately
- IT general controls deep-dives beyond access and change notes relevant to the ledger
- Implementation of remediation on your behalf
How we work
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1
Map the cycles
We document how invoices, approvals, and postings move through your finance team.
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2
Test key controls
We select samples and evaluate whether approvals, reconciliations, and segregation checks operated as designed.
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3
Report and prioritise
You receive a clear list of gaps, owners, and suggested sequencing for remediation.
Nominate process owners for purchases, sales, and close, and gather recent reconciliation packs.
Constraints: We assess controls; we do not replace your internal audit function or assume management responsibility for the control environment.
Ready to define the engagement letter?
If you already have a control matrix, attach it when you inquire — it shortens scoping.
Request a scoping call