Corporate transparency and stable business practices have become inextricably linked. Operations must make the transition to this age of high-powered processes, while at the same time customers, stakeholders and regulators demand thorough visibility of internal controls. Stabilizing, sustaining and growing your enterprise means balancing these elements by accentuating the organization’s strengths and mitigating weaknesses from the inside out.
The Performance and Controls Practice, of our subsidiary, MFA Cornerstone Consulting, has the specific expertise necessary to help you achieve that crucial balance. Whether maintaining compliance more efficiently, correcting troublesome processes or implementing strategies for process optimization, our consultants know how to accurately assess your organizational needs and put the right solutions to work for you.
For years, MFA’s aptitude for managing compliance has been put into practice for clients navigating the maze of Sarbanes-Oxley (SOX) requirements. Keeping costs in check while leading compliance strategies, optimization of controls and testing efforts, our professionals make compliance a manageable piece of your business. In addition, our deep knowledge of operations, infrastructure, IT and financial nuances enable us to streamline your internal processes and help improve your competitive edge.
At one time, internal controls and performance were phrases rarely uttered in the same sentence. Today, they are closely intertwined, requiring comprehensive, ongoing assessments to ensure that internal controls and performance complement one another without holding back the potential of your operations. MFA consultants can make a direct impact on your business by helping you strengthen your operations and controls, apply methods to mitigate fraud and comply with governance principles and regulations.
While nonprofit organizations operate under different regulatory scrutiny, their business and compliance needs can be just as intense as those for a large for-profit company. MFA’s understanding of nonprofit operational requirements – from asset preservation and fraud prevention to organizational continuity planning – is a great benefit for our clients, and allows us to help you enhance your organization’s performance from top to bottom.
To learn more, download our Performance and Controls brochure.