Since the inception of NI 52-109 Control Solutions International has been at the forefront in delivering quality compliance results. We have been a leading firm for the implementation of sustainable control environments and monitoring since the early nineties. Understanding our clients’ business and not following a ridged, one-fits-all methodology have enabled us to be a leader in helping them achieve compliance through a top-down, risk based approach.
Use of this approach has helped Control Solutions International develop work opportunities across a broad base of industries and establish offices in over 20 countries. Our approach and experience have seen us successfully deliver results for Companies of all maturity stages and size [established, all cap sizes, pre IPO]. We have been able to realize benefits and best practices from our base of NI 52-109 client activity and from similar regulatory compliance [Sarbanes-Oxley, J-SOX] in other regions and build on this to deliver streamlined projects achieving maximum results.
Our professionals at Control Solutions International can work with your management team and your independent accountants to build a sustainable, streamlined approach to meet the deliverables of NI 52-109 compliance. Our integrated approach leverages the skills and knowledge of our clients and overlays our specific expertise in NI 52-109 compliance. Our approach has the advantage of combining internal knowledge of the company with the experience and external skills of our consultants in NI 52-109 compliance to derive optimal solutions.
Our team of professionals can help you:
- Critically assess your existing control environment and supporting documentation to achieve a more efficient process.
- Establish continuous control monitoring to reduce the man-hours required for conducting control testing.
- Help you understand where material risks are within your business (top down) and objectively establish a strong, concise, control environment.
- Integrate the activity performed for NI 52-109 with your other Internal Audit plan.
- Maximize your existing systems through automating controls and reducing delivery timelines.
- Achieve independence in the testing activity to leverage greater External Auditor reliance.
- Align the control environment to your management’s Entity Wide objectives and standards.
- Work with all parties involved in the compliance effort [Management, Employee and Auditors] to achieve integrated, economical, and sustainable delivery.
- Integrate control objectives with business performance measures.
As you go through the process of choosing a provider for NI 52-109 compliance, consider Control Solutions International as your partner firm and we will be there to give you the support you need. We can provide you assistance through:
- Providing staff support to augment your team, so that the process of updating documents and performing testing can be done efficiently and so your team can continue to focus on helping run your business. We can assist you to whatever extent you require it, ranging from:
- Augmenting your staff with professionals who have experience in your industry, or
- Performing the testing process on behalf of your management team, on an outsourced basis
- Reviewing your controls documentation to ensure that you are gaining full benefit from the process rationalization allowed by AS5. This could result in significant reduction of the cost and effort required to maintain your NI 52-109 program.
Whether your needs are local or international, we can help. We have directed or assisted with over 500 financial controls compliance engagements around the world, in a wide variety of industries, with companies varying in size, from those that are pre-revenue to companies that have annual revenues in the billions of dollars.
If you would like to discuss getting the right level of assistance your organization could use to get through the next round of documentation updates and testing, please give us a call.
