January 13, 2021
internal controls

What are Financial Internal Controls?

The Internal Control Procedures Series provides a risk reducing framework of financial internal controls for the ten core accounting cycles — these cycles make up the accounting body of knowledge.  Each financial cycle focuses on a key element of business accounting and, therefore, should be covered in your company’s financial accounting policies and procedures manual.
January 13, 2020
Creating an Accounting Manual

What are Accounting Policies & Procedures Manuals?

Why Write an Accounting Manual of Policies & Procedures? Every company should document its accounting procedure process.  A well-designed and properly maintained system of accounting policies and procedures 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. Consider a template from Bizmanualz to help save you time.
July 1, 2019
Corporate Governance Sarbanes Oxley

What Is SOX Corporate Governance?

Sarbanes-Oxley (SOX) requires an internal control system. Yet the current financial crises indicates that the needed internal controls are not effectively implemented in many companies.
January 22, 2018
money counting

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.