516-409-4259 jryan@jeryan.com

Internal Control Reviews


calculatorOur firm can perform a review of your existing financial structure and operations, in order to design or enhance your current internal controls. Attention will be paid to existing policies and procedures, with special emphasis on segregation of duties and controls to prevent and/or detect fraud.

This engagement begins with a thorough review of your existing controls and organization chart. From this current policies are reviewed in order to meet NYSED  guidelines that specify that an agency must have an adequate internal control system and perform risk assessments.

The following are key steps in the review process:

  • Review of Current Internal Control Systems
  • Review and/or Preparation of Policies and Procedures
  • Formulation of Job Descriptions to adhere to Consolidated Fiscal Report Appendix R
  • Ratings for Risk Assessments
  • Training of Employees
  • System for Monitoring


“We have assisted many agencies in reviewing this enormous task. We have a simple step by step approach for any agency, of any budget size, to tackle. This step is not an option. It is a requirement by NYSED and the key to building a solid financial department that protects against fraud and/or errors.”