Internal control systems – ICS Barometer 2022

07 December, 2022

The companies surveyed by PwC are already looking closely at their internal control systems. The most important added value of an internal control system is compliance with regulatory requirements. In addition, internal control systems are important and very useful tools for further developing companies’ internal structures.

The most important tasks for the future are the implementation of legal requirements (e.g. FISG, EU Taxonomy and CSRD), as well as the digitalisation and standardisation of internal control systems (ICS).

Your expert for questions

Robert Kammerer

Robert Kammerer
Partner at PwC Deutschland

How companies respond effectively to increasing risks

Respondents rate the level of ICS awareness in their organisations as high on average (5.23 out of 8). Due to increased regulatory requirements, we expect this value to increase (significantly) in the future. Around seven out of ten respondents (71.2%) consider digitalisation and the standardisation as well as simplification of their company's internal control systems to be key challenges for the future.

At the same time, they are rather sceptical about the maturity level of the internal controls of non-financial data in their companies. They only rate this at 3.46 on a scale of 0 to 8. This could also be due to the fact that it is often still unclear to respondents which non-financial data they should collect and subsequently control.

“In view of recent regulatory changes, such as the EU Taxonomy, essentially every company needs to adapt its internal control system. When it comes to what exactly these changes should look like, external support can be useful.”

Robert Kammerer,Partner, ESG Transformation, Risk & Regulatory, PwC Germany


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Robert  Kammerer

Robert Kammerer

Partner, Sustainability Services, PwC Germany

Tel: +49 1511 4265-708

Helmut Kanaan

Helmut Kanaan

Partner, PwC Germany

Bernadette Reuß

Bernadette Reuß

Senior Manager, PwC Germany

Stephanie Brunhuber

Stephanie Brunhuber

Manager, ICS Transformation, PwC Germany