Transventure helps to design and implement the internal control to satisfy Sarbanes-Oxley Act (US-SOX), Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Ltd (SEHK)-Appendix 14 Code on Corporate Governance Practices and Internal Control Standards (C-SOX). These internal control standards require all the listed companies in the related capital market to disclose the evaluation result of the management on the internal control system in the annual report. In recent years, the internal control system plays a more and more important role within the company and it gradually becomes one of the strategic tools to realize the business targets and values. Our business risk management experts have rich experience in the design of internal control system and we will help customers to design the effective internal control system that satisfies the compliance requirements.
Consulting service regarding the internal control system
Analyze the risks existing in the management system, corporate culture, organization structure, business process;
Evaluate the key control activities in the business based on process, offer practical corrective suggestion and implementation plans regarding the weakness in the control activities;
Combine the practical application of ERP system with the implementation plan of the internal control system;
Use the best practice in the world or in the industry for reference, design the key performance index for the evaluation;
Design the internal control manual, including the incompatible duties, relevant departments and job responsibilities, key control activities matrix, flow chart and index of rules and regulations etc.
Knowledge transfer, provide training to the management and those who are responsible for relevant control activities.
Please contact us if you have any question or request about the Internal control advisory