TRANSPARENCY REPORT |
Effectiveness of the
system of internal control
The systems of risk management and internal
control are designed to mitigate and manage, rather
than eliminate, the principal risks to the business.
They, therefore, provide reasonable rather than absolute
assurance against the firm not achieving its business objectives,
or, in the case of financial controls, the risk of material
misstatement in RSM UK Audit LLP's financial statements, or
non-compliance with laws, regulations and professional standards.
RSM UK Audit LLP has, within the year, reviewed any issues
raised and the results of quality review reports. Actions have
been or are being taken as necessary. The Management Board,
the AMT, and the PIC, are satisfied that the internal quality
control systems are functioning effectively.