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Internal control review
in Singapore.

We evaluate your key business processes and procedures to ensure that you continue to operate efficiently and effectively.

Company registration in Indonesia

Monitor your goals and objectives.

Expert oversight

We create the mechanisms for you to ensure that assets are safeguarded, financial information is reliable and operations are efficient.

Proactive support

Allow our knowledgeable experts to keep your controls updated when regulatory or business changes impact your existing internal control systems.

Clear communication

Our team believes clear communication and information is paramount to good internal control systems. We adopt a hands-on approach in working with you.
Internal review processes

Our internal review services.

The right financial decisions make all the difference in how smoothly your organisation runs and how quickly you grow. At Acclime, we focus on simplicity in everything from reporting and financial analysis to organising your key business processes.

  • Adopting a COSO framework

    The five major components of internal controls according to COSO Framework are control environment, risk assessment, control activities, communication and monitoring. All 17 principles under the five major components are required to be included and function effectively in a company’s internal control structure. The 17 principles consist of the following concepts:

    Control environment

    • Commitment to integrity, ethical values, and behavior of key executives
    • The company maintains appropriate corporate governance and oversight
    • The company creates an appropriate organizational structure and ensures assignment of authority and responsibility
    • Management demonstrates a commitment to competence
    • Accountability is established and enforced

    Risk Assessment

    • Appropriate entity-level objectives have been established and communicated
    • A risk assessment process allowing for the identification and analysis of risk has been established
    • Fraud risk is assessed.
    • Established processes exist to identify and analyze internal and external significant changes which may affect the entity

    Control Activities

    • Control activities are designed and developed 
    • General controls over information technology are designed and developed
    • Policies and procedures set out the control activities

    Communication

    • Information systems provide management with relevant external and internal information, and that information is provided to the right people
    • Adequate internal communication systems
    • Appropriate external communication systems

    Monitoring

    • Periodic evaluations of internal control are made
    • Management analyzes and communicates known deficiencies and responds appropriately to risks related to those deficiencies.
  • After the evaluation and strategy phases, we document the policies and procedures, implement key processes and procedures to make sure your company has finance and account best practices that provide a framework for ongoing growth. Then we build from there.

Single time- or project-based fee
Ready to get started?

Make sure your corporate governance in Singapore is robust with our internal review.

Non-binding & confidential
Not sure where to begin?

Schedule a free 30-minute discovery call to discuss starting & operating your company in Singapore.

Faith Garcia, Client Relations & Business Development