In Pursuit of Profit
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Internal control accounting systems are the policies and procedures used to ensure accuracy and reliability across accounting reports to:
Controls can either be preventative, deterring fraud and mistakes, or detective, identifying issues after they have happened. Working in unison they can remedy existing problems and help to avoid future ones to strengthen ongoing business activities.
The most common types of
internal accounting controls include:
Please contact us if you need assistance with setting up your internal accounting controls.