Engagement
Internal Control Review
A focused walkthrough of cash, purchasing, and payroll controls with practical recommendations for finance teams preparing for their first external audit.
Who it is for
Growing companies strengthening segregation of duties before inviting an external auditor.
Result
A concise control memo with ranked findings and a remediation sequence your bookkeeper can follow.
Included
- Process interviews for cash receipts, disbursements, and payroll
- Sample testing of approval trails
- Written recommendations with owner and due-date fields
Not included
- Full financial statement audit opinion
- Implementation of new accounting software
How the work proceeds
- Scope call to choose two control cycles
- On-site walkthroughs and sample selection
- Draft memo and remediation workshop
Preparation
Organise recent invoice packets, bank reconciliations, and payroll registers for the selected months.
Constraints
Best suited when ledgers are current through the prior month.