Bright5

The SIC is a core part of the financial function in (semi-)public organizations. Objective: to demonstrate that income, expenses and balance sheet movements are processed lawfully and reliably, and that internal control is demonstrably in order.

What we do

• Establish/update standards framework - including definitions, materiality and acceptance criteria.
  
• Conduct risk analysis - prioritize audit topics and sample approach.
  
• Guide planning, execution and recording - with clear work files and review trail.
  
• Provide formats for work programs and reports - reusable and reviewable.
  
• Translate findings into actionable improvement actions - owner, deadline, impact.
  
• Support continued development - toward internal audit function or in-control statement.
  

Our context
We know municipalities, provinces, joint arrangements and healthcare organizations. We ensure that the VIC does not become a paper tiger, but a demonstrable link in the steering and accountability cycle. Our approach is practice-oriented, verifiable and strengthens cooperation between policy, administration and supervision.

Result
Faster and more predictable accountability, reduced audit burden and concretely better designed management measures.