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Archive for March 17th, 2019

Are You Satisfied with Your Company’s Internal Auditing Processes?

The news that a parent volunteer for a local high school show choir group had embezzled more than $100,000 is just one example of how important internal audits can be. While we typically think of multi million dollar companies when it comes to talks of embezzlement and internal audits, the fact of the matter is there are many times when groups of all size can benefit from the design and implementation of internal controls to double check finances.
From small school and church group non profits to the largest of multi million dollar companies, it is always important to make sure that you have processes in place to be certain that money and assets are properly managed. Although one hundred thousand dollars may seem like small change to a big company, to a small non profit that kind of money represents hours, and sometimes years, of volunteer hours and organizational work.
The Continuous Monitorin

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