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About Our Services

We offer tailored solutions — whether private company or owner; public or private fund, adviser or fund service provider; or Fortune 1000 enterprise. Learn how we can help you.

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Assurance Services

Employee Benefit Plan Audits Internal Controls Investment Company Audits Private Company Audits SOC Readiness & Compliance

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Federal Tax Planning & Compliance High Net Worth & Wealth Transfer International Filings & Structuring Investment Company Tax State & Local Tax Tax Credits & Incentives Transaction Tax Planning

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Our Industry Expertise

Our industry experience means you can find professionals who speak your language and bring earned insights to the table. Learn how we can help you.

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Digital Assets Investment Companies Manufacturing Private Companies Private Equity Real Estate & Construction Technology & Life Science
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Our team wants to help your team stay up to date. Browse our thought leadership, events and news for insights and a point of view on business-critical topics.

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Foundational Principles In the Community Diversity, Equity & Inclusion Technical Excellence Alumni TIAG Membership
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Assurance Services

Internal Controls

The best way to prepare for your company’s future — whether that means positioning for growth, preparing for change or simply being able to sleep at night knowing your company is secure — is to have a solid understanding of the business from the inside out. That starts with understanding which areas of your business are at risk for errors or, worse, fraud. Even if your business is smaller or if you view it as less complex, the benefits can be significant. Our job is to help you keep this process manageable and beneficial. First, we work with you to identify which specific process or processes pose the greatest risks, instead of trying to tackle the entire business at once. Next, we take a systematic approach to documenting those processes, capturing each individual’s assigned tasks and identifying any areas of concern (control deficiencies) or inefficiencies. From there, we recommend improvements to controls already in place or new controls that will help mitigate risks. We can also assess if everything is operating effectively via testing.

We have a deep knowledge of internal control concepts and practices, and undergo continual training specific to this area. Our expertise has helped a wide range of companies improve their internal control environments.

Services

  • Control documentation
  • Control testing
  • Risk assessments
  • Process documentation
  • Control recommendations
  • Internal control training

Meet Our Leadership

Steve Guarini, CPA

Partner, Assurance
sguarini@cohencpa.com
586.541.7736

Related Insights

Article

Will Your Private Company’s Internal Controls Pass the Test During Your Next Audit?

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Article

Why (and How) to Assess Your Internal Controls for Better Risk Management

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