Operating internal control and the development of the right framework of control are crucial to the success of businesses. Trust is hard won and easily lost. Control failures occur with greater regularity. Many businesses suffer a survivor bias and are less sensitive to the risk of possible control failures, believing such events occur at other businesses. However the list of failures is impressive from Enron to recent litigation and settlements regarding Libor rate fixing.
We believe the right control culture is critical to the operation of any framework of internal control and have developed services to cover preventive control and risk evaluation, as well as, necessary reactive demands of an actual failure. Our services include: