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Internal Controls |
At times you may need a trained outside professional
to evaluate your company's operations to determine if the appropriate
controls are in place to ensure proper handling of resources
and to protect yourself from employee theft.
We assess your internal control systems to determine the
efficiency and effectiveness of your operating procedures.
Then we make recommendations that help your company become
stronger and more profitable by correcting any inefficient
or ineffective operating procedures we find.
What we do for you...
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Implement segregation of duties so that
duties are divided, or segregated, among different people
to reduce risk of error or inappropriate actions. No one
person has control over all aspects of any financial transaction.
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Make sure transactions are authorized
by a person delegated approval authority when the transactions
are consistent with policy and funds are available.
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Ensure records are routinely reviewed
and reconciled, by someone other than the preparer or transactor,
to determine that transactions have been properly processed.
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Make certain that equipment, inventories,
cash and other property are secured physically, counted
periodically, and compared with item descriptions shown
on control records.
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Provide employees with appropriate training
and guidance to ensure they have the knowledge necessary
to carry out their job duties, are provided with an appropriate
level of direction and supervision, and are aware of the
proper channels for reporting suspected improprieties.
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Document policies and procedures and
making them accessible to employees. The documented policies
and procedures provide day-to-day guidance to your staff
and continuation of duties in the event of prolonged employee
absences or turnover.
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Review operations to ascertain whether
results are consistent with established objectives and goals
and whether the operations are being carried out as planned.
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