Internal controls review

We performed a detailed analysis of internal controls at a manufacturing company.

The review included:

• Acceptance of customers
• Recording of orders
• Dispatch and receipt of goods and stock
• Cash collection
• Set up of suppliers
• Ordering authorisations
• Wastage recording
• Overtime authorisation

At the conclusion of our work we presented a formal report to the Group Managing Director and this was used as a basis for strengthening the control environment.