Internal Controls

Mitigating Risk and Protecting Your Business From Fraud

Every business encounters risk in its operations, but the implementation of a robust system of internal control measures helps to mitigate that risk. However, it is not an easy task to achieve such a system in-house, especially when business owners need to focus on running the business, managing employees, and generating profits.

Discover Internal Control Systems that Effectively Cater to Your Business Needs.

As experienced professionals, we have helped numerous business owners in developing efficient internal control systems that can prevent employee fraud, ensure adherence to regulations, and ensure that company policies and procedures are in place to make your business operations more effective and streamlined. We work closely with your business to identify and document any weaknesses in the existing internal controls, and then perform procedures to test the effectiveness of the current internal controls that you have in place. Finally, we provide recommendations in a report of findings that can be utilized to strengthen your internal control systems, and cater to the specific needs of your business.

What we do for you:
  • Recommend segregating duties for implementation by dividing responsibilities so that no single person controls all aspects of financial transactions.
  • Ensure transactions are authorized by delegating approval authority to an individual only when the transactions are consistent with policy, and funds are available.
  • Ensure records are routinely reviewed and reconciled by someone other than the preparer or transactor.
  • Ensure that equipment, inventories, cash, and other property are accounted for.
  • Physically secure, periodically count, and compare item descriptions on control records.
  • Provide employees with appropriate training and guidance to carry out their job duties.
  • Set up proper channels for reporting suspected improprieties.
  • Document policies and procedures and make them accessible to employees.
  • Review operations to determine whether the results are consistent with established objectives and goals and carried out as planned.
Don’t Let Employee Fraud Be the Downfall of Your Business.

If you suspect employee fraud or are concerned about your business risk, then maybe it’s time to review and update your internal control systems.


Contact us today via the form below to learn how we can help your business manage risk.

"*" indicates required fields

Shopping Cart
Scroll to Top