January 18, 2023

Why is an Effective Internal Control System Crucial for Success?

Control systems that are designed only to achieve compliance are doing the bare minimum. How can you build an effective internal control system for success?
August 9, 2022

What are the Biggest Financial Mistakes Small Businesses Make?

A  business has many obstacles during its first year, and making costly financial mistakes is often inevitable. Unlike large companies, small businesses may not have the assets to rebound from such mistakes.  What are the biggest financial mistakes small businesses make?
July 20, 2022

Do You Have Effective Employee Personal Trading Policies?

Employers, and particularly owners of small or medium-sized businesses, have to be careful about developing a personal trading policy for their employees. Developing an in-depth trading policy could protect you from liability and even criminal charges. Do you have effective employee personal trading policies?
November 18, 2021

What Are Common Embezzlement Schemes?

What embezzlement techniques are considered the most common embezzlement schemes used by embezzlers?
July 10, 2021

How are Financial Controls Implemented?

Financial controls are documented in your finance processes, policies, and procedures manual template. SOX, in general, has generated a lot of discussion about internal controls even requiring financial policies and procedures. How are financial controls implemented?
July 1, 2021

What are the Critical Business Processes, Policies, and Procedures in a Company?

All companies have business processes. Some are well defined, but many are ad-hoc, leaving employees uncertain as to whether there is a process at all. Ask yourself: do company policies exist if they’re not documented? Many people then ask: what are the critical business processes, policies, and procedures in a company?
April 18, 2021

How a Financial Control System Gets Results

A financial control system of well-defined processes is not only about control or compliance, it is also about consistently striving to do a little better.
January 10, 2021

What Are the Uses of Cost Accounting Information?

What are the different types of accounting costs that your company can accrue, and how can you build cost accounting policies to minimize their effects?
November 14, 2019

How to Use Financial Strategies for Business Success

With all the financial crises that go on, how can you make sure your company succeeds? One way is using financial strategies for business success.