Engagement detail

Internal Control Walkthrough Assessment

Structured walkthroughs of cash, revenue, and inventory controls so management knows where misstatement risk concentrates.

Who it is for

Growing companies preparing for their first audit or responding to bank covenant findings.

What you receive

A management letter mapping control gaps, recommended compensating procedures, and priorities before year-end.

What is included

  • Process interviews with process owners
  • Sample transaction walkthroughs for selected cycles
  • Prioritized gap list with practical remediation steps

What is not included

  • Implementation of new accounting systems
  • Attestation of internal control effectiveness for external filing unless separately engaged

How delivery unfolds

  1. Cycle selection

    We agree which processes matter most for the upcoming audit or lender review.

  2. Walkthroughs

    On-site observation and document tracing identify where controls break.

  3. Remediation map

    Management receives a sequenced list of fixes before fieldwork.

How to prepare

Organization charts, policy manuals, and sample transaction packets for each selected cycle.