Corporate Policy Update, Chicago, IL

Internal Audit
Written By Geof Pelaia
Corporate Policy Update, Chicago, IL.jpg

PB Advisors was asked to coordinate and complete a corporate-wide initiative to update the current policies and procedures (Finance Manual) in place at a $2 billion company with 4 divisions across 25 domestic and international locations; the headquarters were based in Chicago, Illinois.

Corporate Policy Update Requested By: Corporate Controller

Solution:

Procedures included:

  • Reading and understanding the current policy and procedures in place

  • Assessing the current state of the procedures in compliance with current policies by completing internal audit testing procedures

Results/Deliverables:

  • A detailed report communicating recommendations for where the strengthening/reinforcement ofthe policy was enough to align procedures with current policy

  • A detailed spreadsheet illustrating where updates to the policy were necessary including recommended changes and wording for the new policy based on PB Advisors experience and best practices

  • A meeting with Corporate Management to discuss the findings, recommendations and to ensure the understanding of our findings and recommendations

Location: Chicago, IL - 60611

Please contact us today to discuss your Internal Audit: 
Patrick Brogan, President
CPA, CIA, CFE
PB Advisors
440.915.1180 

Geof Pelaia
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