Internal control review
Operate more efficiently
As a business owner, you’ll know how important it is to ensure your organisation runs to the best of its ability. If parts of your internal control system are not functioning as intended, the effectiveness and efficiency of your operations are at risk. It also jeopardises your financial reporting and compliance with applicable laws and regulations.
But with an effective internal control review, you can get the assurance you need about your systems and documentation to protect your business against financial loss, operate more efficiently and remain compliant with financial regulations.
Because of this, it’s essential to get your internal control review done right the first time round.
Our reviews involve:
- identifying the internal controls relevant to the business
- reviewing the applicable policies and procedures, and the documentation standards for each
- testing transactions are appropriate
- observing the business’s attitudes about internal controls
- sharing findings, concerns and recommendations with senior management.
Effective internal controls are an organisation’s first line of defence to protect assets, detect and prevent errors, and mitigate risk. Ensure yours are the best they can be with an internal controls review.
If you’re ready to take the next step please get in touch.
Want to take the next step?
If you're looking to further your business, our team is waiting to hear from you.
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From industry news to opinions from our experts, we’re all about sharing useful information and insight.
It can be hard to keep track of all the financial and regulatory changes or news you need to stay on top of when you’re running a business – but that’s why we’re here. In our blog, you’ll find useful updates and information from our team, stripped of jargon and made easy to understand.
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Register now: 2024 Autumn Budget impact on businesses – join our debrief events and stay ahead
Join us this November for Cottons Group’s Autumn Budget Debrief in Northampton and Rugby. Our experts will give a clear, jargon-free overview of key budget changes, with practical advice on tax and financial planning. Enjoy breakfast, followed by a Q&A and networking. Spaces are limited—register now!
Register now: 2024 Autumn Budget impact on businesses – join our debrief events and stay ahead
Join us this November for Cottons Group’s Autumn Budget Debrief in Northampton and Rugby. Our experts will give a clear, jargon-free overview of key budget changes, with practical advice on tax and financial planning. Enjoy breakfast, followed by a Q&A and networking. Spaces are limited—register now!
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If you’re curious about how we can help you, please reach out: our team is very keen to hear from you.
