Control deficiency logging

Who this is for

Finance controllers, internal audit leads, and CFOs who need a clean record of control weaknesses before external auditors arrive — or after a prior management letter left open points.

What you receive

• A control deficiency register covering agreed financial cycles (revenue cut-off, inventory counts, payroll approvals, bank reconciliations, journal entry review, and related party disclosures as scoped).
• Each finding with condition, criteria, cause, effect, and a practical severity rating (significant deficiency vs. lesser weakness).
• Named remediation owners and target dates drawn from interviews with your team — not invented by us in isolation.
• A short briefing pack suitable for the audit committee or group finance.

What is included

Kick-off scoping call, document request list, process walkthrough sessions, sample testing of key controls, drafting of the register, one management review meeting, and a final register delivery within the agreed window.

What is excluded

Full statutory audit opinions, forensic investigation, system implementation, and ongoing bookkeeping. We document deficiencies; we do not replace your external auditor.

How we work

1. Agree cycles and materiality context with your finance lead.
2. Walk through controls with process owners on site or by video.
3. Test samples where evidence exists in ledgers, bank files, or approval trails.
4. Draft and refine the deficiency log with your comments.
5. Hand over the final register and walk remediation owners through next steps.

Preparation

Please prepare organisation charts for finance, the prior year management letter (if any), sample policies for the selected cycles, and access to a quiet meeting room or secure video link. We work under a confidentiality agreement before any client data is shared.

Next step

Request an estimate with your preferred close month and the cycles you want logged. We reply within two business days with a draft scope and fee.