Control the Fraud out of Accounts Receivable

The 2016 Global Fraud Study by the Association of Certified Fraud Examiners (ACFE) reveals that the typical organization loses 5 percent of revenues in a typical year as a... Read more

Effective Internal Controls Ensure AR Security at Weight Watchers International, Inc.

The importance of effective internal controls in AR departments at both private and public companies cannot be overstated. Internal controls are the key to maintaining an efficient operation, ensuring... Read more

5 Key Preventive Internal Controls in A/R

Internal controls are an essential failsafe for any organization regardless of size or complexity, as they promote timely and accurate financial information that is free from irregularities or errors... Read more

How to Ensure AR/Credit e-Communications Are Antitrust-Compliant

As e-mail and other forms of electronic communication have become ubiquitous in the business world, it’s easy for AR/credit professionals to forget that the exchange of credit information is... Read more

Internal Controls for Bill Processing

Internal controls for a company's billing process have as their objective the accuracy of billing data, prevention of errors or irregularities, timely processing, separation of duties, and detection of... Read more

Internal Control – Safeguarding Company Assets

The passage of the Sarbanes-Oxley Act has brought the issue of fiscal responsibility back to the top of the financial professional’s mind. News headlines have highlighted the financial misdeeds... Read more

Auditing – Internal and External

Since the Sarbanes-Oxley Act (SOX) that imposed strict regulations and reporting requirements on publically-held companies was introduced in 2002, internal auditors’ roles have shifted from record verification to ensuring... Read more

System Security – Internal Control Check List

Computer systems are ubiquitous to the point of being taken for granted. The downside is that the average employee may give little thought to system security. For example, virtually... Read more

Internal Control – Objectives & Implementation

An effective internal control system is more than a necessary evil required by internal or external auditors. It is simply good business. Why? An internal control system can help... Read more