We help management evaluate its policies and procedures, suggest any corrections needed, and validate that internal control works in line with the real processes of the business, not only with what the manual says.
Why is it necessary?
Every organization, regardless of size, should have documented policies and procedures and sound internal controls that mitigate its risks. Without them, operations depend on individual judgment and failures repeat without anyone detecting them.
We are backed by more than 25 years providing audit services across industries such as tourism, retail, government and services. We have advised large companies and business groups on processes and internal control.
Scope
Issuance of policy and procedure manuals.
Improvement recommendations on existing internal controls.
So that operations do not depend on memory or individual judgment. They define who does what, how, and with what authorization, which reduces errors, speeds up onboarding of new staff, and leaves evidence of how each process should be carried out.
Do internal controls mitigate business risks?
Yes, when they are designed around the company’s real risks and applied consistently. A control that exists on paper but that nobody performs mitigates nothing; that is why the evaluation also reviews whether it is being complied with.
How often should they be reviewed?
At least once a year, and whenever there is a significant change: new systems, new business lines, rapid growth or changes in the organizational structure.
