Houston Chronicle

What Are Internal Controls in Accounting?

Internal controls are business processes that provide reasonable assurance regarding several key business objectives: that the business is operating efficiently, that reporting is reliable and that ...
Houston Chronicle

What Internal Controls Are Common in the Accounting Cycle?

Internal controls are put in place by company management to help a company achieve its institutional goals. While internal controls are adapted to the companies they protect, there are some controls ...
Accounting Today

Develop your internal control skills for competitive advantage

[IMGCAP(1)]When I’m interviewing accountants for positions inside companies, I’m always amazed at how few of them have a solid understanding of internal control. If you want to progress into ...
JD Supra

Internal Accounting Controls – The Framework for Enforcement (Part II of IV)

When you review the actual law surrounding books and records and internal controls, you wonder to yourself what took the Justice Department and the SEC so long to discover the full power of the ...
Accounting Today

Guidance on Monitoring Internal Controls

The Committee of Sponsoring Organizations of the Treadway Commission has released an exposure draft document offering guidance on monitoring internal control systems. Processing Content Developed by ...
JD Supra

The Importance of Accounting and Internal Controls (Part I of II)

Here are some basic propositions that surround FCPA compliance. It is often underplayed that the FCPA contains more than just a bribery prohibition – the FCPA contains broad provisions, requiring ...
Forbes

The Importance Of Internal Controls

Internal controls play an integral role in a company’s success, but many young accounting and finance professionals enter their careers without a clear understanding of their importance. I recently ...
Citizen's Voice

Internal accounting controls protect small business owners

With tax season upon us, it is a good time to review the importance of internal accounting controls for for-profit and nonprofit entities alike. Internal controls, oftentimes, are the lifeblood of ...
The Business Journals

Is it an internal control or is it a process? Here’s why it matters

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Internal controls are a major part of any modern-day entity ...
Forbes

New CFO Concern: Cybersecurity Issues Are Now An Internal Accounting Controls Problem

Forbes contributors publish independent expert analyses and insights. Priya Huskins is an expert on D&O risk and corporate governance. By now, we all know that a cyber breach may lead to the ...

Vital Components of Accounting Information Systems

Discover the 6 essential components that ensure the functionality of an accounting information system in managing and ...