Organizational Arrangements

Organizational Arrangements 

To achieve its goals and realize its strategy a company must abide by a system of rules, tools and procedures appropriate to its size and the complexity of its market. 

In this context a key aspect is represented by the choice of and loyalty of employees who contribute towards the creation of value. 

Consimp’s role

Consimp’s professional staff will handle the essential aspects of making improvements to the organizational arrangements and supervisory mechanisms, while paying special attention to the administration, finance and control function, and particularly by:  

  • Conducting a check-up on the existing organizational arrangements and assisting the directors improve the organizational structure and operating mechanisms; 
  • Preparing a reporting package for groups of companies in order to draw up periodic reports and preparing consolidated financial statements;
  • Assisting the preparation of the budget and the business plan;
  • Implementing a management control system;
  • Setting out a long-term incentive plan (ILT Plan) aimed at rewarding “key” employees who contribute towards the creation of value for the company.

 

Internal Audit

A company may operate – through subsidiary companies – in highly volatile market scenarios in terms of changes in economic, regulatory and policy variables. The top management has the objective of improving corporate controls so as to strengthen the safeguards that function as a guarantee for all stakeholders and make supervisory structures and bodies ever more effective.  

Consimp’s role

Consimp’s professional staff will handle the system of controls in a company, especially as concerns the checks and activities affording assurance, and offer consultancy on systemic control, risk management and corporate governance.  

Consimp is accredited as a strategic partner in the companies in which, for purposes of mitigating and containing risks, its operations support the top management and provide assurance and consultancy as regards the presence and operation of an effective and efficient system to govern company processes. The main areas of activity are:  

    • Analysis and evaluation of administrative procedures and the effectiveness of internal auditing systems;
    • Accepting appointments to carry out “Internal Auditing” in unlisted companies;
    • Supporting the “Internal Audit” function in unlisted companies; 
    • Performing royalty audit activities. 

 

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