audit-assurance

Solutions

Accounting Operations Assurance

Value, accuracy, timeliness, and reliability

The traditional roles of Finance leaders are being disrupted – from ever-growing asks by executive leadership for participation in value-add, strategic business activities to the onslaught of disruptive technologies – resulting in Finance leaders needing to assess the relevance, timeliness, and reliability of their teams. Do organisations have the right strategic partner to help navigate these hurdles while ensuring they can continue to meet the day-to-day demands of their organisation?

Accounting Operations Assurance vision

To be the strategic partner to Finance leaders by leveraging Assurance’s deep expertise in accounting in order to build confidence in the value, accuracy, timeliness and reliability of the Controllership function.

CFOs, VP Finances, Controllers, and other Finance leaders are tasked with governing most, if not all, the following inputs and their respective outputs:

  • Complex accounting
  • Consolidations
  • New accounting standards
  • Adjustments
  • Transaction processing
  • Reconciliations
  • Procedure-to-pay
  • Reporting
  • Order-to-cash
  • External audits
  • Internal controls
 

What is Accounting Operations Assurance?

Services which enable CFOs and their Finance teams to create world class finance functions by assessing and providing insight on the finance organisation (people/talent), strategy, technology and processes. Finance function assurance services include close, consolidate, report, the finance function diagnostic, account reconciliations automation and enablement, budgeting and  forecasting (using KPIs and data visualisation), finance systems assessment and loaned staff.

Accounting operations assurance services also assess and facilitate robust internal financial control environments that support finance functions in meeting their financial reporting and regulatory needs. Internal financial controls assurance identifies, develops, and test the policies and procedures within business processes and information technology environments. Internal financial controls services can include one or more of the following: internal financial control remediation and transformation, end-to end internal financial control review, management testing of internal financial controls and third party controls assurance.

Accounting operations assurance services can include one or more of the following:


Flowcharting and procedures manuals

Infrastructure assessment and selection

Accounting operations loan staff

Assurance on succession planning

Finance workshops


Internal financial control remediation and transformation

Third party controls assurance

Key contacts

David Delicata

David Delicata

Director

David joined the firm in 1992 following his graduation in accountancy from the University of Malta. David, who is a fellow of the Malta Institute of Accountants, has led several audit and related assi... More

Antoine Fenech

Antoine Fenech

Senior Manager

Antoine has been part of the audit practice at Deloitte since September 2012. Antoine’s main area of focus is Assurance related projects including Internal Control GAP analysis, IFRS training to middl... More