Internal Controls Over Financial Reporting (ICFR)
RISK ADVISORY
Internal Controls Over Financial Reporting (ICFR)
Safeguarding Financial Integrity
Ensuring the reliability of financial reporting is vital for compliance and investor confidence. Our ICOFR services help organizations establish robust internal controls aligned with global standards like SOX and COSO.
Our Expertise:
- Designing and evaluating ICFR frameworks based on COSO and SOX guidelines.
- Conducting control testing to identify deficiencies to evaluate controls effectiveness and implement corrective measures.
- Supporting remediation plans to strengthen internal financial controls.
Methodology:
- Mapping financial reporting processes and identifying key controls.
- Testing design and operational effectiveness of controls.
- Providing remediation roadmaps for control deficiencies.
- Training internal teams of business on ICFR compliance requirements.
