HOW WE SUPPORT YOU
Internal Controls
Safeguard assets. Strengthen controls. Enhance processes. Improve efficiency.
An effective Internal Control System provides transparency over key risks and helps safeguard business processes through appropriate and effective controls. We support you in establishing, enhancing and sustainably embedding your Internal Control System.
What We Deliver
- Design, enhancement and assessment of Internal Control Systems (ICS) in accordance with COSO Internal Control, COBIT and IDW PS 982.
- Implementation of group-wide Internal Control Systems in (international) environments, including overall project leadership.
- Assessment of existing structures and development of the Target Operating Model, including definition of the underlying methodology.
- Facilitation of fit-gap analysis workshops, identification of key process steps and weaknesses, and definition of appropriate controls and remediation measures.
- Development and alignment of Risk and Control Matrices (RCMs).
- Design and delivery of training sessions and workshops for various stakeholder groups.
- Support in the selection and implementation of suitable GRC software solutions, including definition of functional requirements, development of high-level and detailed concepts, testing and validation, as well as roll-out and user training.
- Planning and execution of risk-based roll-outs and training programs.
- Assessment of the design adequacy and operating effectiveness of controls, including the performance of quality assurance activities.
Key Benefits
- Reduced fraud and error risk
- Improved financial reporting accuracy
- Greater operational efficiency
- Enhanced regulatory compliance readiness