Fieldwork path
From scoping call to signed findings memo
This path shows how an internal control review typically runs for a mid-sized operating company. Timing stretches or compresses with entity count and how quickly document requests return.
Scoping conversation
We confirm legal entities, cycles in scope, locations for site visits, and the date your external auditors arrive. You leave with a written scope outline and fee range.
Engagement letter
Fixed fee, fieldwork window, confidentiality terms, and named contacts. Work begins only after both sides sign.
Document request and kickoff
Policies, org charts, prior management letters, sample reconciliations, and access lists. Kickoff introduces process owners so interviews are not a surprise.
Walkthroughs and testing
We shadow key steps, select samples from ledgers, and trace evidence to source documents. Warehouse or plant visits happen when inventory is in scope.
Draft findings discussion
Severity rankings and factual accuracy are reviewed with your finance lead before anything reaches the board. Mild wording disputes are normal; we document agreed facts.
Final memo and close-out
You receive the control matrix extract, findings memo, and remediation sequencing. A short close-out session answers remaining questions; further remediation support is a separate request.
What we need from your side
- A single finance sponsor who can open doors with operations
- Meeting slots with process owners during fieldwork weeks
- Read-only access to reports or supervised screen shares
- Clarity on which entities are in or out of scope
