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 protect yourself from internal 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 processes.
What We Do for You
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Implement Segregation of Duties – Duties are divided among different people to reduce risk, errors, or inappropriate actions. No one person has control over all aspects of any financial transaction.
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Authorize Transactions – We ensure that transactions are authorized by a person with delegated approval authority and that funds are available before approval.
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Routine Reviews and Reconciliation – Financial records are routinely reviewed and reconciled by someone other than the person originating or approving the transaction.
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Secure Assets – Equipment, inventories, cash, and other property are physically secured, counted periodically, and compared with control records.
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Employee Training and Guidance – We provide employees with training and supervision to ensure they:
- Have the necessary knowledge and skills
- Receive appropriate direction and oversight
- Understand proper channels for reporting suspected improprieties
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Document Policies and Procedures – We provide employees with procedural manuals to ensure they:
- Have clear guidance on their duties
- Understand and comply with regulations governing the program
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Review Program Operations – We review operations to determine whether:
- Results align with established objectives and goals
- Operations are being carried out as planned
If you’d like more information about our internal control services, please complete this form to set up a meeting with our team.