Case Study Sixteen: Provided Internal Controls Expertise and Leadership to a Full Solution Security Services Company

Details

A public company and nationwide provider of full solution security services and revenue approximating $140 million required expertise and leadership to implement the COSO Framework. We assisted the company in documenting its risk assessment, enhanced business process documentation and controls, including IT and entity level controls, and assisted in developing ongoing monitoring plans and separate evaluations.

We were engaged to provide internal controls, expertise and leadership as needed.

With our guidance and leadership, the Company successfully implemented the new COSO and internal control requirements while impressing the external auditors with their results. The following year, entity level controls implemented by management through our guidance helped to discover certain irregularities reported by an employee through a whistleblower hotline. We also assisted Management with efficiently implementing and enhancing activity level controls utilizing a top down risk-based approach. We assisted the Chief Information Officer in formalizing IT security and availability controls in an efficient manner.