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.

ERP Planning

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:

Vaclav Vincalek

Managing Director,
Technology & Advisory Services


Email: vvincalek@wm.ca

Phone: 778-945-2996

Paul Schmidt

Partner,
CPA, CA, CITP, Information Technology


Email: pschmidt@wm.ca

Phone: 604-691-6826

Killian Ruby
Partner, CPA, CA, I.A.C.T,
Audit and Accounting

Email: kruby@wm.ca

Phone: 604-691-6881


Recent Articles:

Safety first: AI adoption in the healthcare sector

However, in the healthcare sector, the convergence of big data, cloud ... Predictive analytics tools support clinical decision-making and actions ...
Read More
/ Data Analytics

Best M.2 SSD: Toshiba XD5 Series – Product Overview and Insight

Toshiba XD5 Series Data Center NVMe SSD is a PCIe Gen 3, NVMe 1.3a specification, high-performance SSD, 1.92 TB and ...
Read More
/ Data Analytics

The Critical Need for a More Secure WAN Solution

Growth in the extension of voice, video, and cloud services to branch offices is prompting many ... Because of the ...
Read More
/ Cyber Security News

UTSA gets $2 million grant to expand data analytics program

The center will specialize in cyber security research and collaboration ... members in cyber security, cloud computing, artificial intelligence and ...
Read More
/ Cyber Security News

UTSA gets $2 million grant to expand data analytics program

The center will specialize in cyber security research and collaboration ... members in cyber security, cloud computing, artificial intelligence and ...
Read More
/ Cyber Security News

Optimizing Post-Sales Supply Chains With Intelligent Control Towers

Big data analytics, internet of things (IoT) sensor data inputs, artificial intelligence (AI), decision engines and data standardization can now ...
Read More
/ Data Analytics

American State Bank sponsored cyber security seminar

American State Bank provided a free cyber security seminar Sept. ... in IT risk assessment, audit, policy development, vendor management ...
Read More
/ Insurance

American State Bank sponsored cyber security seminar

American State Bank provided a free cyber security seminar Sept. ... in IT risk assessment, audit, policy development, vendor management ...
Read More
/ Insurance

Big Data Faces Big Challenges, But Offers Big Potential

Big data analytics are helping Federal agencies enable their users to do more to serve citizens, but agencies have yet ...
Read More
/ Data Analytics
Loading...