Internal Controls
Protect and Optimize Your Financial Operations
We help businesses strengthen financial operations with robust internal controls, reducing risk and boosting efficiency, accuracy, and transparency.
Internal Control Risk Assessment
- Identify gaps and vulnerabilities in financial and operational processes
- Assess fraud risk, errors, and compliance gaps
- Highlight weaknesses and potential risks for corrective action
Policy & Procedure Documentation
- Document key financial policies and internal controls aligned with best practice
- Design and implement effective controls across all business areas:
- Cash & Bank – cash handling, deposits, reconciliations, EFT approvals
- Revenue & Receivables – customer onboarding, invoicing, credit control, collections
- Purchases & Payables – supplier vetting, purchase orders, invoice approvals, payments
- Expenses & Petty Cash – expense claims, travel & entertainment policies
- Inventory/Stock – stock counts, movement controls, valuation, obsolescence provisions
- Fixed Assets – acquisition approvals, tagging, depreciation, disposals
- Payroll & HR – hiring, timesheets, payroll, leave, and terminations
Operational Enhancements
- Develop standard operating procedures (SOPs)
- Ensure compliance with statutory requirements (Companies Act, SARS, corporate governance)
- Improve financial accuracy, prevent fraud, and enhance operational efficiency
- Establish segregation of duties, IT access controls, and approval workflows
Internal Control Review & Testing
- Evaluate the adequacy and effectiveness of existing controls
- Perform walk-throughs and sample transaction testing
- Assess compliance with policies and procedures
- Provide gap analysis and actionable recommendations
Training & Ongoing Support
- Train staff on internal control procedures
- Offer ongoing advisory as your business scales or adapts
Strengthen Your Controls, Protect Your Business
Implement robust internal controls with expert guidance. Reduce risk, enhance efficiency, and turn compliance into a strategic advantage for your growing business.