Dave Talenda, 415 Group Audit Partner discusses internal controls and the importance of internal controls within your organization. Learn more: 415group.com
Internal controls help to safeguard your company's assets and protect against fraud. When discussing internal controls, one of the most important factors to keep in mind is the segregation of duties. This can include assigning different people to be responsible for authorizing or recording transactions, maintaining custody of assets or providing account reconciliations.
If you have any questions about implementing and mitigating controls, contact 415 Group at 415group.com
