Internal Controls Advisory
Stakeholders have come to expect much more in terms of the way companies are managed, and therefore a reliable Internal Control System (ICS) is crucial for both the Board of Directors and Management.
Managing internal controls efficiently and effectively helps Management to:
- Achieve business objectives;
- Comply with laws and regulations;
- Safeguard business assets;
- Identify, reduce and prevent errors and irregularities;
- Ensure timely, complete and reliable financial and management reporting;
- Enhance anti-fraud and anti-corruption mechanisms.
The right controls mitigate risk for the business in an efficient and cost effective way, but must also be supported by an embedded culture of controls awareness and sustainable monitoring.
PwC helps clients design and deliver a sustainable control environment through ‘best practice’ processes and controls coupled with supporting technology and benchmarking, by:
- Conducting business processes and systems reviews;
- Proving controls optimisation advice and support;
- Building security and controls into business systems and optimising ERP investment;
- Providing controls assurance to support the financial statement audit.
Contact us
Follow us
