Control Environment Audit

Who this engagement is for

Compliance officers, COOs, and board risk committees who need an independent view of whether maker-checker rules, exception queues, and reconciliations actually operate as written — especially ahead of a Financial Supervisory Commission visit or an investor diligence request.

Result you receive

A signed assurance memorandum, a control findings register with severity and owners, sampled working papers suitable for examiner appendices, and a remediation plan with retest criteria. We do not issue a marketing certificate or a pass/fail badge for public display.

Scope included

• Planning interview covering licence perimeter, product map, and prior examination themes
• Walkthroughs of customer onboarding, funds in/out, settlement, and complaint handling
• Sample testing of approvals, overrides, and reconciliation breaks for agreed periods
• Mapping of findings to your existing policy and risk registers
• Closing workshop with management and optional board briefing

Scope excluded

• Statutory financial statement audit under accounting standards
• Legal opinions on licence eligibility
• Continuous monitoring software or managed SOC services
• Implementation of remediations (we can advise; build work stays with your teams or separate vendors)

Provider and process

Senior auditors from Tidewater Assurance Group lead fieldwork. A named engagement manager remains your single contact from letter through retest. Process stages: scoping call → engagement letter and information request → fieldwork → draft report → management response window → final memorandum.

Preparation you should expect

Assign a document owner, open a secure workspace for policies and sample extracts, and block calendar time for walkthrough participants. Incomplete population lists delay sampling; we flag gaps early rather than inventing substitutes.

Constraints

We require written management representation on the completeness of populations provided. Conflicts of interest (for example, if we recently advised on designing the same control) are disclosed and may require a different lead or a declined engagement.

Pricing basis

Quoted as a fixed fee after we understand entity size, number of product rails, and whether prior-year workpapers exist. A deposit reserves fieldwork weeks; see Fees and Refunds for timing and cancellation.

Next step

Request an engagement letter with your preferred examination window and a short note on which product lines matter most.