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.
- Implement segregation of duties among different people to
reduce risk of error or inappropriate actions.
- Make sure transactions are authorized by a delegated
authority when the transactions are consistent with policy and funds are
available.
- Ensure records are routinely reviewed and reconciled, by
someone other than the preparer or transactor, to determine that transactions
have been properly processed.
- Make certain that equipment, inventories, cash and other
property are secured physically, counted periodically, and compared with item
descriptions shown on control records.
- 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.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.
Review operations to ascertain whether results are
consistent with established objectives and goals and whether the operations are
being carried out as planned.
Subscribe to our Emailed Newsletter
Client Portal Login
