Internal Financial Controls (IFC) include policies and procedures adopted by the Company for ensuring the orderly and efficient conduct of its business, covering the Internal Financial Controls over Financial Reporting. The Company Law has imposed specific responsibilities on the Board of Directors to ensure the appropriateness and effectiveness of the internal financial controls in place in the company.
We assist the management to evaluate the effectiveness of their internal financial controls by performing the following steps:
- Conducting walkthroughs and testing the design, implementation and operating effectiveness of key controls
- Reporting identified deficiencies to the management
- Reporting summarized findings with action plans
