Internal Controls

Critical to preventing fraud, ensuring compliance and streamlining staff work, internal controls are often overlooked until there is a risk identified or a crisis situation. Forward-thinking companies will engage experienced audit and accounting professionals to review and test existing internal controls. These reports will also include recommendations for improvement and training of staff on new procedures.

Bank procedures, payroll, billing and collections, contracting and purchasing functions are good candidates for internal control reviews.

Our team has helped companies of all size improve their internal controls functions. Regular testing is important and ongoing updates will help protect assets, manage risk and ensure strong governance.