Companies are facing an unprecedented level of complexity and risk related to reliability of financial and management reporting, operational effectiveness, regulatory compliance, asset protection, and legal liability. For companies to stay relevant and excel in these challenging times, an effective feedback process needs to be developed so management can gain relevant insight into their operations, timely feedback on the execution of their business functions, and monitor their environment for potential problems. This process is an internal audit which helps to identify fraud and ways to prevent it, monitors your company’s internal controls, and monitors compliance to your firm’s policies and government regulations.
PKF Mueller’s Risk & Controls team is comprised of individuals with a diverse skill set including traditional financial based auditing, tax reporting and compliance, information technology risk and security, data management and mining, and fraud and forensics. By taking a holistic approach based on partnering with clients, Mueller is able to develop custom solutions and response to each of our client’s needs. Below are some examples of the unique capabilities we can deliver:
- Continuous auditing and monitoring strategies and solutions and identifying other opportunities to leverage information assets and data sources.
- Service Organization Controls (SOC) readiness and remediation consulting.
- Leading and developing Entity Level Risk Assessments and assisting with the development of an annual internal audit plan.
- Provide management with a flexible and adaptable feedback and reporting process.