Internal Controls Assessment
Know Where Your
Processes Are Exposed
Most control weaknesses go unnoticed until something goes wrong. An internal controls assessment identifies the gaps in your financial processes and tells you exactly where to focus — before a vulnerability becomes a problem.
What This Delivers
A Clearer Picture of Where Your Controls Hold — and Where They Don't
A controls assessment doesn't require a full audit. It's a focused, structured review of the financial processes and safeguards your business already has in place — examining how approvals work, how duties are divided, who has access to what, and how reconciliations are handled.
What you receive at the end is a written report with a clear account of what was reviewed, where the vulnerabilities are, and a set of prioritised recommendations that are specific to your situation — not a generic checklist. The findings are practical, and the recommendations are actionable without requiring a major operational overhaul.
Written assessment report
A structured document covering what was reviewed, what was found, and recommendations for improvement — organised by priority so you know what to address first.
Prioritised recommendations
Findings are ranked by significance. You can address the most material gaps first and work through remaining recommendations at a pace that suits your business.
No full audit required
This is a focused controls review — not an audit. It delivers meaningful insight into your financial safeguards without the time commitment or scope of a full audit engagement.
The Situation
Controls Gaps Tend to Show Up at the Worst Time
Financial safeguards that look adequate from the inside can have meaningful gaps that only become visible when something goes wrong.
Processes Built Over Time
Most businesses develop their financial processes gradually. What started as a sensible arrangement for a smaller team may not have kept pace with how the business has grown — leaving gaps in approval flows or access permissions that nobody has formally reviewed.
Governance Expectations
Boards, investors, lenders, or acquiring parties often expect evidence that financial controls are adequate. An independent review gives you something documented to point to — rather than relying on the assumption that processes are working as intended.
Strengthening Before Scaling
Businesses about to grow through hiring, acquisition, or new markets often recognise that the controls in place were designed for a different scale. Addressing gaps before expansion is considerably more straightforward than after.
Our Approach
A Structured Review of the Controls You Have
The assessment examines four areas where control weaknesses most commonly appear: how financial approvals are structured, how duties are divided among staff, who holds access to financial systems, and how reconciliations are carried out and reviewed.
The work involves reviewing your existing processes — documentation, system access records, approval workflows, and reconciliation procedures — and comparing them against what an adequate control environment looks like for a business of your type and size.
Findings are presented in a written report with recommendations organised by priority. The goal is a clear, practical picture of where you stand — and a straightforward path to addressing the gaps that matter most.
Approval workflow review
How financial transactions are authorised — who approves what, at what thresholds, and whether the approval chain is appropriate given the business's current structure and size.
Segregation of duties
Whether key financial functions — recording, authorising, and custody of assets — are appropriately divided, or whether single individuals hold combinations of responsibilities that create risk.
Access permissions
Who holds access to financial systems and accounts, whether access levels are proportionate to roles, and whether former staff or third parties retain permissions that should have been removed.
Reconciliation procedures
How often accounts are reconciled, by whom, and whether the reconciliation process itself is subject to independent review — or whether it operates without a meaningful check.
Working Together
What the Engagement Looks Like
A straightforward process with minimal disruption to your team — and a clear deliverable at the end.
Initial Conversation
You describe your business, your current processes, and what's prompting the review. We ask what we need to understand the scope and confirm whether this service fits your situation.
Documentation Review
We review your existing process documentation, system access records, and approval workflows. Where documentation doesn't exist, we note that as part of the findings — it's often informative in itself.
Assessment and Analysis
Each area of the assessment is reviewed and findings are prepared. We'll come back to you with any clarifying questions rather than making assumptions — the report should reflect your actual processes, not a generalised version of them.
Report and Walkthrough
You receive the written assessment report, followed by a conversation to walk through the findings and recommendations. The aim is that you leave with a clear sense of where to focus and what each recommendation involves in practice.
Investment
Transparent Pricing
The controls assessment is a defined-scope engagement. The starting price covers a standard review for a single reporting entity — businesses with more complex structures or additional entities are scoped and priced individually.
Starting from
$1,600
USD — per engagement
Included in every engagement
Initial scoping and information gathering
Review of approval workflows and segregation of duties
Access permissions and reconciliation procedure review
Written assessment report with documented findings
Prioritised recommendations specific to your business
Report walkthrough conversation at completion
What the Price Reflects
The starting price covers a standard single-entity assessment. Businesses with multiple reporting entities, more complex ownership structures, or a broader process landscape are quoted individually.
All fees are agreed in writing before work begins.
Track Record
Controls Assessments Across a Range of Businesses
Assessments have covered businesses at different stages of growth — from small owner-operated entities to mid-sized organisations with multiple reporting lines.
12+
Years conducting specialist accounting assessments
30+
Countries where engagements have been completed
All sizes
From owner-operated businesses through to mid-market entities
Practical recommendations, not generic checklists
Findings and recommendations are specific to the business reviewed — not a standard template applied without regard to how the business actually operates.
Sector breadth
Controls assessments have covered construction, financial services, professional services, retail, and technology businesses across different ownership structures.
Our Commitment
What You Can Rely On
Specific to your business
Recommendations reflect what was actually observed in your processes — not a standardised report produced with minimal engagement. If the findings are limited by incomplete documentation, that is noted clearly.
Scope agreed upfront
The areas to be reviewed, the form of the report, the timeline, and the fee are all confirmed in writing before the engagement begins. No changes without your agreement.
No obligation to proceed
An initial conversation carries no commitment. If an internal controls assessment isn't the right approach for your situation, we'll say so and point you toward what might be more appropriate.
Next Steps
How to Get Started
Getting an assessment underway doesn't require much from your side to begin with — here's what the process looks like.
Send a message
Use the contact form to describe your business briefly and what's prompting the review. A sentence or two is enough to get the conversation started.
Scoping conversation
We respond within two business days to arrange a short conversation. We'll ask about your current processes, business structure, and what documentation is available — and confirm whether this assessment is the right fit.
Scope and fee confirmed
The scope of the review, deliverables, timeline, and fee are confirmed in writing. Work begins once you're satisfied with the terms.
Assessment and report
The review is conducted, the written report delivered, and a walkthrough session arranged. You leave with a clear picture of where your controls stand and a practical path to addressing the most material gaps.
Internal Controls Assessment
Ready to See Where Your Controls Stand?
Describe your situation and we'll discuss what an assessment would involve for your business — and whether it's the right step at this point.
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