What is it and how do you go about it?
Internal governance is a central part in achieving the goals set by management in any organization. A common perception is that internal governance and control is about having internal regulations and a personnel handbook, but it is so much more!
If a company wants to create good internal governance and controls, it is usually necessary to work through all levels of the business from the board down to the day-to-day workings. The important thing is not that there are routines for all tasks, but it is rather about finding a reasonable level of governance which the organization can operate in accordance with and that is in line with the company's values and the rules that the business is subject to.
Apriori aid both large and small companies to develop internal rules and procedures and ensure that the regulations are adapted to the business.
IDENTIFICATION
The basis for good internal control is that the management team and the board understand the business well and can identify which rules the organization need.
NOTIFY
It is important to continuously communicate about new rules and procedures so that employees are aware of their responsibilities.
CONTROL
Kontroller är nödvändigt för att säkerställa att bolagets produkter och tjänster håller rätt kvalitet och följer de regler som gäller för verksamheten.
REPORT
Board of directors and management teams are required to follow up the work so that their business develop in the intended direction.