Internal Controls

At times you may need an outside professional to evaluate your company's internal controls to ensure proper handling of resources and to protect yourself from employee theft.

We can 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 weaknesses we find.

What we do for you...

• Implement segregation of duties so that tasks are divided among different people to reduce risk of error or inappropriate actions.
• Make sure transactions are approved by authorized management personnel.
• Ensure records are routinely reviewed and reconciled, by someone other than the preparer, to ensure that transactions have been properly processed.
• Make certain that equipment, inventories, cash and other property are secured physically, counted periodically, and compared to control records.
• Provide employees with appropriate training and guidance to ensure they have the knowledge necessary to carry out their duties, are provided with an appropriate level of direction and supervision, and are aware of the proper channels for reporting problems and issues.
• Document policies and procedures and making them accessible to employees. The documented policies and procedures provide day-to-day guidance to your staff and provide for the responsibilities for back-up of duties in the event of prolonged employee absences or turnover.
• Review operations to ascertain whether results are consistent with established objectives and goals and whether the operations are being carried out as planned.