Internal Controls

There becomes a point in time that every small business needs to take a look at its operations and determine if they are sufficient to not only support the growth of your company but also the safety of your company. 

10 Key Solutions can come in and assess your internal control systems to determine the efficiency and effectiveness of your operating procedures. After a thorough review of your operations we will make recommendations to help your company become stronger and more profitable by correcting any unproductive or uneconomical operating procedures we find.

What we do for you...

  • Put into practice the segregation of duties so that no one person has control over all aspects of any financial transaction.   
  • Make sure transactions are authorized and reviewed by management and that they are consistent with company policy and procedure.  
  • Ensure records are reviewed and reconciled on a regular basis by someone other than the preparer to insure that transactions have been properly processed. Provide employees with the guidance and training necessary to ensure they have the knowledge to perform their job duties, are provided with the proper chain of command and level of supervision, and are informed of the proper methods for reporting suspected misconduct and improprieties.
    Facilitate a policies and procedures manual and insure that it is accessible to all employees. 
Review operations to determine if results are consistent with established goals and objectives and if operations are being carried out as planned.
 

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