Internal Controls Review Services

A strong internal control environment is an essential key to ensuring that businesses remain thriving, vital organizations for many years to come. Smith & Howard provides internal controls reviews and evaluations that help identify potential weaknesses in internal controls and provide practical recommendations to improve internal controls and reduce risk. We help our clients identify, develop and test internal control policies and procedures by testing internal controls within business process and information technology environments.

Our program considers several key areas, among them are:

  • Correctness of systems or procedures used to create the audited financials.
  • Efficiency and effectiveness of internal reporting mechanisms and controls.
  • Appropriateness of the level of responsibility and accountability among staff.

To gain assurance on the strength of internal controls, we review the five components that can have a pervasive effect on a business. They are:

  1. Control Environment
  2. Risk Assessment
  3. Control Activities
  4. Information and Communication
  5. Monitoring

Internal control reviews are an important element of our assurance services. If you need help with testing internal controls by conducting a review, please contact us for more information or fill out the form. A member of our team will be in touch.

Questions? Contact Us