It is important to note that some of the activity phases above can be collapsed or merged into one, for example, Phase 1 –Project Preparatory Training and Phase 2- Project Planning may be grouped under one. Similarly, Phase 3 – Conduct Risk Control Mapping on Key Financial Accounts and Phase 4 – Develop Financial Reporting Control Blueprint & Implementation Road map may be merged as one phase.
Thank you for this insightful post. And thanks for creating awareness as some companies are not even aware of the the immense benefits of ICFR
Thank you for free lecture.