What are the Best Practices for a Finance Policy Procedure Manual?

Discover the essential elements of a comprehensive finance policy procedure manual with our expert guide.

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What is the Importance of Accounting Procedures Manual?

Every company should document its accounting procedure process.  A well-designed and properly maintained system of accounting policy and procedure documentation enhances your accountability and consistency, while at the same time producing long-term savings from reduced duplication, rework, training, and increased focus, consistency, and productivity. Writing accounting manuals of policies and procedures is an important task. […]

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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?

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What are Simple Ideas to Improve Your Business?

If you are in business long enough you will learn a few things about running a business.

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How Do You Identify Policies and Procedures that are Needed?
August 21, 2022 - Save Time Writing Procedures

There is not one ideal number of policies and procedures your company is supposed to have, so how do you go about determining needed procedures?

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What Is an Accounts Receivable Policy Manual?
August 3, 2022 - Tighten Accounting Controls

The purpose of your Accounting Policy Manual is to document the financial principles and policies governing your companyƒ’s accounting practices.

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What are Static and Dynamic Policy and Procedure Systems?
December 8, 2021 - Tighten Accounting Controls

Historically, compliance has been the focus of most knowledge management systems but, can you really have compliance without control?

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Why is Succession Planning So Important?
December 3, 2021 - Improve Company Governance

 A company’s most valuable asset is its people. It’s an aphorism many attribute to Marcus Lemonis, but that has actually been understood by successful business managers since before he was even born. Yet in an uncertain world, we can be sure of one thing – nobody is going to stay in their role forever.  Why […]

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What Are Internal Controls for Cash Security?

Cash control in business is about prevention; preventing the temptation and opportunity for employees to commit fraud or abuse.

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