Business controls optimisation
Growing complexity and increased regulatory pressures combined with market stressors such as rapid technological advancements and operational efficiency imperatives are causing organizations and to seek improvements. Reporting is then required to be in greater quality, transparency, assurance and over a widening spectrum of activities and in greater detail.
Add to this the trend to go global, to go green, and the heightened need to consider and incorporate shared services, off-shoring and outsourcing solutions into the company culture - it's is no wonder why companies are expanding their risk management programs to beyond standard financial reporting and insurable risks. We support them by providing integrated solutions and services. Our Process Assurance professionals have deep industry knowledge (including within financial services and public sector), regulatory, technology and business process skills.
We review, assess, document, test and report on today’s complex landscape of financial, operational, regulatory and information technology controls. Our aim is to help our clients enhance value by improving processes and performance and focusing on results by providing services including among others:
- Establishing, documenting or testing the internal control environment
- Assessment of internal control environment, also utilizing globally recognized integrated internal control framework COSO
- Advice and assistance in business process and internal controls optimization
- Project assurance assistance
- Regulatory compliance rationalization
- Assistance in preparation for the requirements of Sarbanes – Oxley, ISO27000, COBIT or similar regulations or testing of compliance with these requirements
- Outsourcing contract risk and compliance review
- Third party assurance reporting and certification according to ISAE 3402 and SSAE 16 (formerly SAS 70) standards
- Reporting according to ISRS, ISAE 3000, SOC2, SOC3 and other standards
- Revenue assurance assistance including identification of revenue streams with value leakage or without expected business benefits
Contact us
Daniel Jordanovski
Senior Manager, Risk Assurance Solutions, PwC Macedonia
Tel: +389 70 248 127
