Internal controls are essential to proper financial reporting. It is thus critical that firms maintain the proper controls and foster the appropriate environment. When deficiencies appear the firm must promptly assess the situation. Failing to conduct a full assessment –…Read more ›
Check-out this infographic to learn the 6 steps methodology to manage internal controls with business processes
Good internal controls in small and medium business are measures that help business operations become more efficient.
Businesses rely on internal controls to help ensure the accuracy and integrity of their financial statements, as well as prevent fraud, waste and abuse. Given their importance, internal controls are...
It’s critical for auditors to understand their responsibilities related to internal controls. Take this quiz to see how much you know about this topic.
Recently, the Internal Revenue Service has focused enforcement activity on examining the implementation of a strong internal control system. The IRS has publicly stated that if a plan is selected for audit the agent will use their evaluation of the plans internal controls to determine whether the scope of the examination will be focused or expanded.
Internal controls are a system of policies and procedures organizations put in place to protect assets and improve operating efficiency. Effective internal controls are critical to accurate financial reporting. A...
Check out 6 internal control practices that your board of directors should implement to effectively combat fraud in your nonprofit organization.
Small organizations can set up internal controls that deter and detect fraud. Here's what you can do to implement these controls.
If you really want to give your B2B organization a boost, focus on developing ninja-like skills around internal content creation. Internal stakeholders eac
Q: I'm a real fan of your column, but a recent one on how much commission real agents make is extremely misleading.From the way I read the column, it
After I completed my first programming class, I went straight to Craigslist. I advertised my programming services. I called myself an experienced programmer who could code anything. I posted a link to
To run a successful small business, you need to make sure your internal communication is on point.
I like to say you have a personal brand whether you like it or not. What people say about you (when you’re not in the room), THAT is your brand; how people perceive you – how they feel as a resul…
Do you want to appeal to bargain shoppers or people willing to invest in themselves and the career? Keep in mind when thinking about what to charge.
Sale or Lease, that’s how we roll When the transaction closes we get paid a commission or fee. Simple. It can be a check, a bag of cash, or chickens. Closing on a sale is the easiest to determine. The entire amount is due and payable at settlement when the deed is recorded. Leases are …
The possibility of “saving” on Realtor commission might sound appealing to those interested in selling their home, but a real estate agent has the background and experience to make the sale of your home more successful. A huge amount of time, marketing and effort goes into selling a home. Plus, it’s