Enhancing Your Control Environment through Control Self Assessments Saves Money
The foundation for Corporate Governance and Business Risk Management is an agile and strong internal control environment. Lemaire Consulting will develop workshops and train the trainer sessions to provide your personnel with the knowledge, skills and abilities to perform routine control self assessments. Control self assessments are a means to reduce the reliance on multiple compliance organizations. Care is taken to reduce the compliance efforts and not increase them.
Did you know that a stronger internal control environment allows external auditors to place more reliance on it and thereby reduce financial statement audit costs? Control Self Assessments also transfer good management skills to your business unit managers and personnel.
Critical Success Factor:
√ Design Control Self Assessments (CSA) to avoid duplication of effort and focus on key strategic, operational, compliance and reporting controls. CSA concepts and training improves employees' management knowledge, skills and abilities.