financial control

In today’s dynamic business landscape, organizations often face the challenge of managing their finances effectively while optimizing resources. Small and medium-sized businesses, in particular, may not have the budget or need for a full-time Chief Financial Officer (CFO). This is where a fractional CFO comes into play. In this blog post, we will delve into […]

The responsibility of a controller in a company typically involves financial management and oversight. Controllers are responsible for ensuring accurate financial records, implementing financial policies, and providing financial analysis and reporting to support decision-making within the organization. Here are some key aspects of a controller’s job:

If you’re new to accounting or just need a refresher, this article will guide you through the steps of the accounting process.

Financial well-being is a cornerstone of a healthy and happy life. However, it is easy to fall into the trap of bad debt, causing long-term financial stress and an uncertain future. In this article, we’ll explore various types of bad debt, how to avoid them, and how to manage existing bad debt. We’ll also look […]

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?

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?

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?

What embezzlement techniques are considered the most common embezzlement schemes used by embezzlers?

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?