Internal controls are intended to prevent errors and irregularities, identify problems and ensure that corrective action is taken. Usually, process owners within a department perform controls and interact with the control structure or operations.
Our Channel Partners bring depth and breadth of experience working on setting up Internal controls for all business operations across an array of industries and understand how to improve your companies’ internal controls. Post approval from management, our Channel partners would create Standard Operating procedures (SOPs) for roll out.
- Internal controls are established to further strengthen the reliability and integrity of information, compliance with policies, plans, procedures, laws and regulations, safeguarding of assets, economical and efficient use of resources, and more.
- Internal control systems need to be monitored, a process that assesses the quality of the system's performance over time. This is accomplished through ongoing monitoring activities, separate evaluations, or a combination of the two.
- Our services also include a range of control activities such as approvals, authorizations, verifications, reconciliations, reviews of operating performance, security of assets, and segregation of duties.
Want our experts to handle your internal controls services? Get connected with ObeyIndia!