As an entrepreneur, you work hard for your money. There is almost nothing worse than experiencing pilferage, embezzlement, and other types of misappropriation. Internal controls are extremely important to the entrepreneurial company.
We have put together a guide that contains 10 steps to help you protect the earnings and assets of your company such as:
- Using Cash Wisely
- Managing Cash Outflows
- Practicing Cost Control
- Analyzing and Planning
- Monitoring Inventory
Jack Craven, CPA