What is Internal Control over Financial Reporting (ICFR)?

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This article looks at the topic of Internal Control Over Financial Reporting (ICFR). It discusses the various aspects that make it up, including the importance of reliable financial reporting and having robust internal controls in place.

These not only ensure you are compliant with regulations, by putting rigid internal structures in place you also ensure all your accounting and financial statements are as secure, accurate and up to date as possible, which is good for your company and for the peace of mind of your shareholders.

Internal controls are an area of compliance that’s of particular importance to entrepreneurs and international investors. Understanding the requirements, and the responsibilities of public companies at both a national and international level, therefore, is of critical importance.

If you’re an HNWI entrepreneur and investor looking to navigate the often-confusing world of international investment, global capital markets, company operations, financial compliance and taxes, having the right advice can make all the difference. That’s where we come in.

Our international team of experts can advise you on a broad range of matters to ensure your company’s operations…

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