1. We can write an accounting manual and then, implement segregation of duties so that duties are divided, or segregated, among different people.
2. Make sure transactions are authorized by a person delegated with approval authority when the transactions are consistent with policy.
3. Determine if records are routinely reviewed and reconciled, by someone other than the preparer to determine that transactions have been properly processed.
4. Determine that equipment, inventories, cash and other property are secured, physically, counted periodically, and compared with item descriptions shown on control records.
5. Provide employees with appropriate training and guidance to ensure they have the knowledge necessary to carry out their job duties, are provided with an appropriate level of direction and supervision, and are aware of the proper channels for reporting suspected improprieties.
6. Document policies and procedures and making them accessible to employees. The documented policies and procedures provide day-to-day guidance to your staff and continuation of duties in the event of prolonged employee absences or turnover.
7. Review operations to ascertain whether results are consistent with established objectives and goals including your accounting manual and whether the operations are being carried out as planned.If you don't have an accounting manual we can write an accounting manual for you.
