Before auditors arrive, many finance teams want a clear picture of where approvals, segregation of duties, and reconciliations are thin. Our internal control assessment maps selected cycles — usually cash receipts and disbursements, purchasing to payables, and payroll — through interviews and document walkthroughs.
Outcome: a prioritized findings list with practical fixes (who should approve, what evidence to keep, how often to reconcile), not a theoretical control framework document.
Duration: one to three weeks depending on how many locations and systems are in scope.
Good fit: companies preparing for a first statutory audit, or those that received control comments in last year’s management letter and want progress before the next opinion date.