Setting up of Internal Control Procedure
Companies may need to establish and maintain effective internal controls under applicable laws, regulatory requirements, listing rules, group policies, or corporate governance frameworks. These controls help prevent and detect fraud, support reliable financial reporting, and clarify management responsibilities.
We help businesses operating in China design and improve internal control systems based on their organizational structure, operations, and risk profile. Our support may cover governance arrangements, management responsibilities, segregation of duties, approval procedures, accounting processes, general ledger management, financial reporting, consolidation, and disclosure.
Recommendations are developed with consideration of applicable Chinese regulations and any other governance or reporting requirements relevant to the client.
