5 Key Preventive Internal Controls in A/R

September 10, 2019


Separation of Duties Processing Controls Document Controls Safeguard Controls System Controls Preventive Controls as an Evolving Process Internal controls are an essential failsafe for any organization regardless of size or complexity, as they promote timely and accurate financial information that is free from irregularities or errors while ensuring compliance. Proper internal controls not only strengthen a company's policies and procedures, but also increase the bottom line by preventing…

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