Internal Control Functions
LEXIA supports companies in strengthening internal control functions by designing an integrated framework inspired by international standards such as COSO.
Our approach starts with an analysis of the operating context, control environment, and corporate culture, in order to identify key risks and define mechanisms to prevent, monitor, and manage them.
The LEXIA team develops procedures and policies for specific controls, including segregation of duties, systematic data reconciliation, and adoption of IT tools to ensure transparent information flows. Clearly defining roles, responsibilities, and authority across the three lines of defense—operations, compliance/risk/legal, and internal audit—is essential for ensuring organizational resilience.
We support the Internal Audit function in designing and conducting regular audits, both continuous and sample-based, to verify the long-term effectiveness and consistency of control measures. This work relies on indicators, periodic reports, and targeted testing to guide timely corrective actions.
We train staff and key business functions (e.g., compliance, finance, operations) to ensure alignment with internal policies and processes. We assist executive leadership and the board in preparing periodic reports, escalation schemes, and whistleblowing mechanisms, ensuring that senior management and governance bodies (e.g., audit committees) have access to reliable and timely control-related information.
LEXIA integrates internal control functions with its Compliance, 231/2001, Risk Management, and Audit practices, delivering a dynamic, sustainable governance model aligned with international best practices. Specialist support is also available in IT, ESG, and anti-corruption areas.
