How the service is rolled out
Through a collaborative effort with the governing board or management, we will work on each of the following five internal control components, building them into your company’s infrastructure.
Control environment: This component sets the tone for the entire organization, influencing the control consciousness of its people.
Risk assessment: This component identifies and analyzes relevant risks your company faces and forms the basis of how to manage these risks.
Control activities: This component sets policies and procedures to ensure management directives are followed.
Information and Communication: This component addresses how relevant information is identified, captured and communicated. It includes the form and time frame that allows people to execute their work.
Monitoring: This component assesses the performance of the internal control systems over time. It warrants modifications of any controls that are not working as they should.