An internal control system creates advantages for organizations by gaining the ability to make better business decisions faster.
Internal control system improvement assistance provides the ability for companies to identify and assess risks related to the accuracy of their financial statements, the efficiency of the business processes, and the security of the assets. Based upon these risks an assessment is prepared as to the adequacy of the internal controls designed and checks are subsequently performed on whether these procedures are appropriately implemented. Upon completion of these assessments carefully prepared documentation clearly outlines process, risk and controls.
The Technology and Risk Advisory controls team have tools and methods designed within best practice guidelines and allows our consultants to focus on only those controls that cover the priority risks of the company, resulting in a more efficient review process.
Implementation of an Enterprise Resource Planning (ERP) system is a major undertaking for any organization. These far reaching and often expensive projects can make or break a company. Inevitably, the creation of such systems require considerable transformation of business systems, technology, processes, and the control environment to govern all of these parts.
Guidance throughout the entire lifecycle of an ERP project from designing controls and security to ensuring effective implementation through ongoing monitoring and assessment can be valuable lifelines to a company reaching the limits of internal resources in business transformation.
Technology and Risk Advisory Contacts:
Technology & Advisory Services
CPA, CA, CITP, Information Technology
Audit and Accounting