Internal Controls Against Mistakes and Theft

Internal Controls Against Mistakes and Theft

1. Rotate employees

   • Detect suspicious activities and behaviors

2. Needs controls

   • With papers and accountants

3. Conduct inventory audit

   • Detect theft

4. Requires two signatures on any cash outlay

   • Protects from misappropriation

5. Minimize crime

   • Through control

6. Customers and other companies

   • Must be held accountable

7. Require two managers to approve cancellations

   • Avoid bribery and fraud

8. Match reports to general ledger

   • Reduce inventory counts

Imagens e arquivos do mapa