A thorough understanding of internal controls and how they create value is critical for all organizations, including non-profits and private companies. It is the responsibility of the board of directors and management to effectively govern risk.
An effective system of internal control will assist those charged with governance of the organization to better detect errors or fraudulent activity, safeguard assets, ensure that financial information is accurate and reliable, and assist in the achievement of business objectives.
Steward Ingram & Cooper PLLC can assist your organization in analyzing, documenting, designing, or reviewing existing internal controls for any or all of your accounting functions.