Internal controls

Control has never been higher on the corporate agenda. In order to protect and enhance shareholder wealth, companies must focus on strategically controlling the drivers of value in their business. These include customers, people and operations.

Companies must also be mindful of the numerous influences on their controls including fraud and regulation. These risks should be managed by systematically identifying, assessing and responding to them appropriately.

The purpose of having effective controls is to prevent future losses, increase the engagement of your people and lower costs by improving your control of risk and the culture of those responsible for them.

Internal Control and PwC

PwC can help you sustain momentum by identifying compliance and process improvements, including better use of technology. We work with your people, systems and processes to build a better culture of control so that you can trust the information needed to improve your business.

We do this is by:

• Assessing the risks and how you control them
• Working with your people so that they generate and own the outcomes and learn to develop the solutions that reduce risk
• Thoroughly testing all of your controls and the impact of change on them so you can be assured of control that will continue to work for your business
• Understanding your business, systems and processes and the culture in which they operate so that we can help you to create practical and commercial solutions for controlling risk.