Internal Control Review
Our internal control review service will help you assess the effectiveness of internal control structure of your organisation and identify internal control deficiencies for corrective actions. The framework of the Committee of Sponsoring Organisations of the Treadway Commission (COSO) defines internal control as 'a process effected by an entity's Board of Directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives in three categories: effectiveness and efficiency of operations, reliability of financial reporting and compliance with applicable laws and regulations. Serving clients from family business, trust and medium to large group with complex internal control structure.
How ALL can help
ALL's internal control review experts are experienced in providing advices and evaluation for internal control structure. We leverage our extensive understanding of operation, financial reporting, law and regulations to build the best control environment and deliver the best outcome for the business.
​
​
Internal Control Review
-
Designing review procedures to obtain an understanding of internal control
-
Designing test of control procedures​
-
Deciding on the scope of internal control review, such as controls related to the reliability of financial reporting, efficiency and effectiveness of operations or compliance with applicable laws and regulations
​
IT Internal Control Review
-
Reviewing of general controls in IT function, such as administration, software acquisition and maintenance, physical and online security, backup planning and hardware controls
-
Reviewing of application controls, such as controls over the processing of sales or cash receipts software, input control and output control​​​
​
Reports on Internal Control Structures
-
Reviewing on all areas of the structure of internal control based on AUS 810 and AGS 1006
​
​
​​
​
​
​
​
