INTERNAL CONTROL EVALUATION & IMPLEMENTATION
Proper records, oversight, checks and balances, analysis and documentation are important to ensure your business is safe from internal fraud, embezzlement or irresponsible spending. While large companies employ a controller to oversee the handling of the cash segment, small businesses often task the owner or staff accountant with this role.
At LeMay & Company, our staff will examine the current expense management functions of your business and ensure the correct controls are in place. Who is handling the cash? Are the necessary checks and balances being applied to ensure the safety of the company finances and the protection of the employees working with those funds? Lowering the risk of internal cash fraud can only be done by adhering to a strict system of accountability. Through risk assessment, we will provide internal control evaluation and fix systems already in place or offer suggestions for new systems and implementation.