Internal Control Systems

Discover How Our Systems Can Free You to Work ON Your Business… Not IN Your Business.
We can help you help your business by providing an objective review of your internal control systems and determine the efficiency and effectiveness of your operating procedures.

Among the corrections we might help you make…

  • Segregate duties in order to reduce risk of error or inappropriate action. This involves making sure that no one person has control over all aspects of any single financial transaction.
  • Ensuring that all transactions are handled by a delegate with approved authority to handle such transactions.
  • Put systems into place which create a process where all transactions are reviewed and reconciled by someone other than the transactor.
  • Assure physical safety of all equipment and introduce periodic counts to compare equipment, inventory, cash and other property are consistent with that on record.
  • Implement job training for all employees and make sure that employees have the knowledge and resources to carry out their job duties, are provided with an appropriate amount of supervision, and are aware of the channels for reporting potential problems.
  • Documentation of all policies and procedures that are accessible to your employees and the procedures for continued guidance and training regarding these procedures to address employee turnover or prolonged employee absence.
  • A consistent review of operations to determine that results are consistent with objectives and goals.

Let Us Help:

How a Continuous Audit Helps Your Northeast States Business

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My Northeast States Small Business Health Quiz (Part 2)

Last week, I began asking you a series of questions about your business. Hopefully those have had some time to percolate in the business-owner-guru-strategist side of your brain. I'd like you to thoughtfully consider the new questions I'm raising today. Please do...

My Northeast States Small Business Health Quiz (Part 1)

Something a little different for you today. A quiz you’ll actually find useful (unlike all those BuzzFeed ones about which vegetable are you most like). Taking a minute to examine your small business’s health this time of year will help shape how you reach for your...

Collecting Payment the Smart Way in Your Northeast States Business

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Anticipating First-Year Expenses When Opening a Northeast States Business

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Masterpiece Accounting Services Wants to Know: Got a Business Exit Strategy?

The big day is almost here. The Super Bowl. And maybe you’re not paying attention because you don’t really care about football, but here’s why you should…The weeks leading up to the Super Bowl — and of course, the event itself — mean big money for not only the...

Remote Work & Your Northeast States Business Insurance Policy

It’s the end of January. Congratulations on making it through the first month of the year with all the pressures weighing on you. As you process your month-end close reports and start looking to February, remember that this is your opportunity to get a better...

Masterpiece Accounting Services’s 7 Keys to Lowering Shipping Costs

Saw this on Twitter recently:See, solid bookkeeping is the most functional and crucial element of your business (besides making sales). If you don’t know what’s happening with money coming in and going out, you’re not funneling and arranging things in an organized...

Hiring a Consultant for Your Northeast States Business

Remembering and honoring Martin Luther King this week has me thinking once again about being a voice. It’s hard not to get inspired listening to the iconic words of the famous I Have a Dream speech (if you’ve never listened to the entire speech, it’s worth...

Mastering Your Northeast States Business Phone Answering

How is your year starting out? We’re into week 2 of 2023 … would love to hear back from you on what are the challenges you’re facing in your Northeast States business finances right now.Relatedly, what are your customer service goals for this year?One customer...

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