Overview
Overview
Robust internal financial controls reduce the risk of errors and fraud and support management's and auditors' reporting responsibilities.
We help document risk and control matrices, test design and operating effectiveness and remediate gaps.
Who this is for
- Companies preparing for IFC reporting
- Companies remediating audit observations
- Businesses implementing new ERPs
Scope of work
The precise scope is confirmed in writing for each engagement. It typically includes:
- Process walkthroughs and documentation
- Risk and control matrices
- Testing of controls
- Gap remediation support
Documents usually required
- 01Process documentation
- 02Policies
- 03ERP access matrix
- 04Prior audit observations
We share a checklist specific to your case. Please do not send identity or financial documents by email — existing clients can upload them securely through the client portal.
How we work
- 1
Engagement acceptance
Independence checks, engagement letter and agreement on scope, timelines and reporting.
- 2
Planning & risk assessment
Understanding the entity, its controls and the areas that need the most attention.
- 3
Fieldwork
Testing of transactions, balances and controls, on-site or remotely, with regular status updates.
- 4
Discussion of findings
Observations are discussed with management before the report is finalised.
- 5
Reporting
Issue of the report in the applicable format, along with a management letter where relevant.
Frequently asked questions
Can the statutory auditor design our controls?
Independence requirements may restrict this; we will advise based on your audit arrangements.
Last updated 11 Oct 2026. This page is general information, not professional advice. Applicability depends on your facts and the law in force; we do not guarantee any particular outcome, saving, registration or approval.