Tighten Accounting Controls

The big question you must ask yourself as an accounting and bookkeeping business owner is why anyone will engage in your services when there are so many options out there? Well, they should opt for you because you offer excellent service and a great price. That’s perfect! But how do they even know that your services […]

Control over cash receipts and disbursement are a vital element of the company’s internal accounting controls. What Cash Cycle Procedures should you use?

Purchasing Procedures provide vendor selection and purchasing controls. Which ones should your company be sure to utilize?

What should be in you accounting manual so it is the most useful to your organization?

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?

Accounting methods and accounting standards are typically defined within your accounting manual, which also defines your policies, procedures, and internal controls for Sarbanes Oxley and other compliance needs.

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.

Do you know how much business capital your company needs to fuel your growth? Balance debt and equity to optimize your financial management.

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.