Internal control and risk management

Internal control and risk management

According to  the Committee of Sponsoring Organizations (COSO), internal control can be defined as a process effected by management designed to provide reasonable assurance regarding the achievement of objectives in three categories:

• Effectiveness and efficiency of operations.
• Reliability of financial reporting. 
• Compliance with applicable laws and regulations.

OCA has a wealth of experience helping organizations assess, document and enhance their internal control systems. Using the most updated methodologies and tools, OCA professionals can analyze your processes to help ensure that they meet all business and regulatory requirements.

Our scope of services include:

• Evaluation and testing of internal controls
• COSO analysis
• Documentation of the company's financial reporting process.
• Risk assessment of key internal controls.
• Section 404 (Sarbanes-Oxley) compliance.
• Internal audit outsourcing.