Internal Controls

Polaris Tax & Accounting

We strengthen your Business Internal Controls

Every small business needs internal financial controls to help ensure things run smoothly and efficiently. Without internal controls, your business can risk employee fraud, cash flow shortages or even bankruptcy. We evaluate your current internal processes and controls to maximize efficiency and reduce the risk of fraud .

Our Internal Controls evaluation will include:

  • Proper Segregation of duties.

  • Approval hierarchy.

  • Routine reviews of all financial transactions.

  • Periodical inspection of equipment, inventory, cash and other property.

  • Employee training programs and handbooks.

  • Documentation of policies and procedures.

  • Fraud Prevention Strategies.