Internal Controls
Internal Controls
Internal Controls in accounting and auditing are put into place by the organization to ensure the integrity of the financial process and financial reporting. These controls can help prevent being a victim of theft, extortion, forgery, misappropriation of assets, etc. Without a sound internal control plan in place the integrity of the financial data can be compromised, and the financial reporting cannot be trusted. Many businesses rely on accurate Financial Statements
for purchasing power, interest rate reductions, lines of credit and loans, human resource power and so on.
Parkers Accounting, CPA can perform in depth audits of Internal Controls to ensure your business plan is working and successful.
The following are just some of the Financial Consultation services we can provide:
- Income Statement
- Balance Sheet
- Functional Expense Statement
- Revenue Support Schedules
- Tax Preparation & Planning