Internal Controls

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

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. […]

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?

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

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?

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

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

 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 […]

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