INTERNAL CONTROL

The internal control framework of bookekeeper.ae is designed according to the International framework. Basically, the internal control is comprised of processes, firm’s structure, and policies that is helpful for the management to achieve its organizational objectives by maintaining the laws and regulation to safeguard the brand. As the definition of internal control, this is not an easy work to attain in a predictive manner. We maintain each and every aspect of the internal control through proper management tactics and every strategy is designed in accordance with the organizational goals. Our internal control framework works on the procedures that include:

PERFORMANCE MANAGEMENT

The planning is the main element to set the target. However, this requires a professional eye as certain complications are present in it. In this regard, our professionals maintained this area with the monitoring of the management activities on regular basis. This helps our professionals establish the best objectives that are an important element of the pre-requisite internal control. Furthermore, the financial reporting process is another element that is present in this area related to the controls. This strategy works for every organization and we have successfully made this procedure in every organization who attain our services.

COMPLIANCE AND LEGAL MANAGEMENT

This serves as the central element of internal control. Without maintain it properly, the firm can’t attain the effectiveness of internal control. This part of the internal control helps the organizations to work according to the regulations and laws that are applicable in the UAE. This is the proactive work and the legal affairs present in it support the decision making with the proper analysis.

THE EFFECTIVENESS OF INTERNAL CONTROL

As our professionals are completely equipped with the procedures and have a proper command of internal control systems, the organization can achieve the following benefits:

  • It can make the company approach the internal controls with the flexibility to predict its effectiveness.
  • It makes the organization to take the guidance with the effective procedures that are needed in certain situations with certain pertinent indicators.
  • It helps to work on the reporting obligations.

These internal control procedures are not easy to maintained and develop for the business personals in accordance with the demand. That’s why they take help from the services providers like bookkeeper.ae as we are experienced professionals that can work on any condition in the competitive environment of UAE irrespective of the type and the size of the organization.