Controllership Support Services

Develop Control Self Assessment (CSA) strategy / framework, questionnaires, escalation matrix
Monitor remediation status
Designing and establishing Control Practice and Procedures

Control self assessment is increasingly being recognized as an effective tool to assist the management to examine, monitor and review business processes and also assess the effectiveness of the internal control systems in place.”

A well defined Control Self Assessment Process provides a company a higher confidence level on the operational effectiveness of ‘internal control’ and compliance programs at a significantly reduce cost. Further, it imbibes a strong control and compliance culture within the process owner teams at the senior and middle management levels and allows senior management, internal and external auditors to focus on entity level controls, overall design of controls and exceptional or deviated transactions.

Here’s how we can help you achieve a successful CSA program

CSA strategy & implementation assessment. A successful CSA strategy or implementation plan is based on an organisation’s current state in its internal control implementation maturity cycle. There is no ‘one size fits all’ strategy and this assessment is critical to a successful CSA program
Developing CSA questionnaires, specific to your organisation
Developing a process to review exceptions, monitoring of the CSA process and overall periodical closure to the CSA program
Building a process to continuously update the CSA program arising from internal organisational changes, introduction of new systems or personnel or changes from the external environment
Supporting internal teams in tests of transactions reported within the CSA process