Drawing on our expertise and comprehensive knowledge in internal controls, we are equipped with the necessary skillset to develop formalised policies and procedures designed to strengthen your internal control system. This is essential for an IPO application, where controls are essential for regulatory compliance and operational efficiency. We adopt a systematic approach in developing policies and procedures as follows:
- Conducting detailed interviews with process owners and document workflows;
- Identify internal control weaknesses;
- Recommend appropriate enhancements to strengthen controls;
- Discuss the feasibility of recommendations with management; and
- Draft and finalise a set of practical and effective policies and procedures
- A comprehensive set of policies and procedures serve to streamline your business, provide clarity and guidance for business decisions, enable smooth transitions during staff handover and facilitate business expansion and integration.