Internal Control Assessment

Strengthen your control environment, mitigate fraud risks, and ensure effective governance through comprehensive internal control evaluations.

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Comprehensive Internal Control Solutions

In today's complex business environment, effective internal controls are essential for protecting assets, ensuring financial reporting accuracy, and maintaining operational efficiency. Our internal control assessment services help organizations identify control weaknesses, reduce fraud risks, and implement robust governance frameworks.

We combine deep expertise in COSO frameworks, SOX compliance, and local regulatory requirements to deliver practical, risk-based control assessments that add real value to your organization.

Our Internal Control Services

Control Environment Assessment

Evaluation of your organization's control culture, including governance structure, management philosophy, organizational structure, and assignment of authority and responsibility.

  • Board and audit committee effectiveness reviews
  • Management control consciousness evaluation
  • Organizational structure and delegation assessment
  • Competency and integrity evaluation

Fraud Risk Assessment

Identification and evaluation of fraud risks across your organization, with focused testing of controls designed to prevent and detect fraudulent activities.

  • Fraud risk identification workshops
  • Anti-fraud control testing
  • Segregation of duties analysis
  • Access controls and authorization reviews

SOX Compliance & Financial Controls

Assessment of internal controls over financial reporting (ICFR) to support SOX compliance and ensure the reliability of financial statements.

  • Entity-level controls evaluation
  • Process-level controls testing
  • IT general controls assessment
  • Control documentation and walkthroughs

Operational Controls Review

Evaluation of operational controls to ensure efficiency, compliance with policies, and protection of business operations across key processes.

  • Revenue cycle controls assessment
  • Procurement and payables controls review
  • Inventory and asset management controls
  • Payroll and HR controls evaluation

IT Controls Assessment

Review of IT general controls and application controls to ensure data integrity, system security, and reliable technology operations.

  • Access management and user provisioning
  • Change management controls
  • Business continuity and disaster recovery
  • Application controls and interfaces

Control Remediation & Design

Development and implementation of improved control designs to address identified weaknesses and enhance your overall control framework.

  • Control design recommendations
  • Process reengineering for control efficiency
  • Control documentation and procedures
  • Remediation tracking and validation

Why Choose Advisiti for Internal Control Assessment

1

Risk-Based Approach

Focus on areas of highest risk to maximize value and efficiency

2

Framework Expertise

Deep knowledge of COSO, SOX, and local regulatory frameworks

3

Practical Recommendations

Actionable improvements that balance control with operational efficiency

4

Industry Experience

Sector-specific insights across banking, manufacturing, and services

Our Assessment Process

1

Planning & Scoping

Define assessment objectives, scope, and methodology based on your risk profile and business priorities.

2

Control Documentation

Document existing controls through walkthroughs, interviews, and review of policies and procedures.

3

Control Testing

Test control design and operating effectiveness through sampling, observation, and re-performance.

4

Gap Analysis & Recommendations

Identify control deficiencies, assess their significance, and develop practical remediation plans.

5

Implementation Support

Assist with control design improvements, documentation updates, and validation of remediation efforts.

Strengthen Your Internal Controls

Contact us today to discuss how our internal control assessment services can help protect your organization and improve governance.