Outsourcing Services
| financial accounting |
| management accounting |
| taxation |
| payroll and related services |
| internal controls |
| audit |
| technology |
Advisory Services
| strategic frameworks |
| > financial |
| > customer |
| > internal processes |
| > learning and growth |
| risk management |
| corporate governance |
Internal Controls
Purpose
Internal controls are designed to help business achieve its objectives.
Intended results
To ensure that internal controls exist and continue to operate effectively.
Benefits include:
- Reduce the risk of not meeting business objectives
- Identify and correct internal control problems on a timely basis
- Produce more accurate and reliable information
- Reduce the cost of internal and external audit functions
BTO can help you with...
Internal controls
- design procedures to ensure that the financial story is fully and accurately told, to safeguard the company and mitigate business risks
- design and implement internal controls to ensure that all information is reliable, consistent, timely, relevant and complete
- design your financial management based on your organisational structure that may include: company, division, profit centre, cost centre, department, state, location etc
- design a ‘chart of accounts’ structure that provides the necessary level of information for ALL requirements including: internal performance reporting, external reporting driven by the Corporations Act 2001 and meeting the information needs of other regulators
Call us on 0425 210 249 or complete our contact form to discuss your needs.
