Internal Controls
INTERNAL CONTROLS
You’ve worked hard to reach the pinnacle of your field. As an independent business owner, savvy individual or industry executive, you’ve earned your place in the world. Now you want to protect what you have, while sowing the seeds of growth. The lifestyle you enjoy today is the result of:
- Maintaining your vision
- Working towards a goal
- Having the discipline to stick to your plan
Your peace of mind comes from knowing your resources are secure. It’s through a wide range of practical protections — including internal controls for your cash, internal controls accounting and audit certification — that you’re able to completely embrace the lifestyle that you deserve.
BRING IN THE BARRIERS
No business is too small to institute a variety of internal controls. Many NYC entrepreneurs believe that they don’t have the kind of exposure that big businesses have, so they don’t take the precautions required to prevent unnecessary — and sometimes even illegal — losses.
Instead, with audit controls in place, your NYC accountant can catch mistakes and outright fraudulent maneuvers — if not before, then very shortly after, they occur. Some of the places where you might find yourself vulnerable to fraud, mishaps or oversights include:
- Account payables in which you may be overcharged by vendors or where untrustworthy employees can create false invoices
- Check signing privileges to staff or contractors who don’t closely watch the payment schedules
- Employees or contractors not fulfilling their agreements
- Disbursements that aren’t closely monitored
- Managing Cash Flow that leaves wiggle room for embezzlement
- Collections that just write off bad debts inappropriately
- Workers’ compensation fraud
- Accounting for Payroll that doesn’t accurately portray the real work being done
More info: https://www.cpafirmnyc.com/internal-controls
Working Hours:
Monday – Friday: 9:00 am – 7:00 pm;
Saturday: 9:00 am – 4:00 pm,
Sunday: Closed
Payment: cash, check, credit cards.
CONTACT US
Miller & Company LLP
Queens, NYC
141-07 20th Ave, Suite 101,
Whitestone, NY 11357
718-767-0737
Miller & Company LLP: CPA of NYC
Midtown Manhattan, NY
274 Madison Ave, Suite 402,
New York, NY 10016
(646)-865-1444
Manhattan, NYC
18 East 48th Street, #1001
New York, NY 10017
(646) 367-3726
Washington, DC
700 Pennsylvania Ave, SE, Ste 2050
Washington, DC 20003
(202) 547-9004
https://www.cpafirmnyc.com
