Convergence of Global Sustainability Standards Reinforces Importance of ESG InitiativesRead More
What did your control environment look like 10 days or even 5 days ago? Likely very different than it does today and will be the coming weeks. Companies have had to adapted to a remote strategy thus impacting many of their controls. Manual or automated controls have had to be redesigned to function in this remote environment. The risk that a reduced workforce due to layoffs can have a significant impact on controls.
As your company starts to plan for the 2020 internal controls testing, it may be very different. Ensure that there is time built into the process to:
If you are ready to start your internal controls redesign process, UHY's resources are here to help. Feel free to contact us at: email@example.com.