"Internal control" is a phrase used when discussing business operations. The concept of internal control is straightforward enough: It refers to any process enacted by a company to keep its staff and ...

As a company grows, so does the roster of people who have access to its general ledgers and accounting information. Failing to re-examine the permissions that these individuals have within these ...

An unfortunate reality of business life is that companies, large and small, need to be on the lookout for fraud. One of the ways you can do that is through a system of internal control, which refers ...

Segregation of duties controls—and their close cousin, sensitive access controls—are at the heart of a robust internal control system. They are also among the most difficult controls to understand, ...

If you don't have time to do it right, when are you going to have time to do it over? Consistent performance increases the reliability of operating transactions. Accounting operations are considered ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Internal controls are measures adopted by the university to promote the thoughtful and efficient use of all resources. As an agency of New York State, the University at Buffalo is obligated to comply ...

What are internal controls? The best definition I have come across is from Jonathan Marks, partner at BDO, who defined internal controls as: An internal control is an action or process of interlocking ...