Internal Control over Financial Reporting (ICFR)

Internal Control over Financial Reporting (ICFR) is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with International Financial Reporting Standards (IFRS). ICFR controls help in ensuring the orderly and efficient conduct of business, including regulatory compliance and prevention and detection of fraud and errors, and covers not only the controls over reliable reporting of financial statements, but also includes other controls pervasive across the business. KSG team can help you identify policies that are not effectively designed and verify internal controls with respect to financial reporting are working effectively. Our objective is to assist you in navigating and implementing a robust internal control framework.