Internal Controls for Small Firms
Everyone, the most widely recognized way to deter fraud is with a good system of internal controls. Internal controls include a good control environment, a good accounting system, and good control procedures as well as good communication and monitoring. Stronger internal controls can help prevent most frauds, but many of these internal controls are too expensive to implement for small firms, so what is a small firm to do? What do you think?
This question was answered on: Dec 08, 2020
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Dec 08, 2020EXPERT
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