Internal Financial Controls (IFC / ICFR)

Control Environment Evaluation. Governance Reinforcement. Regulatory Alignment.
UCC & Associates LLP evaluates Internal Financial Controls and Internal Control over Financial Reporting in accordance with regulatory requirements.

Scope of IFC / ICFR Engagement

• Control design assessment
• Testing of operating effectiveness
• Control documentation review
• Gap identification
• Remediation advisory

Risk & Control Framework Assessment

• Revenue cycle controls
• Procurement and expenditure controls
• Inventory and asset controls
• Financial reporting processes
• IT-dependent controls

Documentation & Reporting

• Risk-control matrices
• Control testing documentation
• Deficiency reporting
• Remediation roadmap
• Audit Committee reporting