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Certified Public Accountant Bethesda MD

Goldin Group LLC providing you with the outstanding services to our customers because of our commitment to the three fundamental principles of professionalism, responsiveness and quality. We deal with the Financial Planning Services, Tax Problems solution, Bank Financing Service, Payroll Service and other accounting services. We are welcome you to contact us anytime.

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Certified Public Accountant Bethesda MD

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  1. Internal Controls System for Businesses Internal Controls have positive & necessary place within the Businesses

  2. Internal Controls Objectives Internal controls are methods adopted in a business to - • Ensure financial information is accurate & reliable • Ensure business assets in safeguards • Maintain the accountability for assets, liabilities, revenues & expenditures. • Review the every business operations • Appropriate supervision of staff • Ensuring correct training for stafff has been provided Good internal help you manage resources and make sure operations are effecient and effective.

  3. Internal Control Procedure

  4. Poor Internal Controls • Fraud - Everday million dollors lost due to fraud committed by individual or staff. • Lack of appropriate training & guidance for employees to perform their duty. • Poor Judgement in descision making by inexperinced staff. • Management overriding controls • Inefficient use of resources, high rates of product errors, carelessness & mistakes with ineffective management.

  5. Good Internal Controls • The existence of an internal control act as restraint for those considering Fraud & will be detected. • Give comforts to employee protection with perfect guidance if they acted as prescribed manner. • Good internal control minimise the errors and save lots of money. • Determine the accountability of staff for their actions. • Help new employees to perform their duties or job with right ways. • Help to promote the efficient use of the business resources

  6. Visit us http://www.goldingroupcpas.com/

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