Internal control

Safeguarding assets with comprehensive internal controls
Safeguarding assets with comprehensive internal controls

Safeguarding assets with comprehensive internal controls

Internal Financial Controls (IFC) is a set of policies and procedures that an organization adopts to ensure its business’s orderly and efficient conduct. IFC includes: Adherence to the company’s policies. Protecting its assets, preventing fraud, and spotting mistakes. Accuracy and…

Internal Audit: Should You Conduct It Yourself Or Call Experts?
Internal Audit: Should You Conduct It Yourself Or Call Experts?

Internal Audit: Should You Conduct It Yourself Or Call Experts?

Checking the status of a company through an internal audit is necessary because only the constant strict control over the financial operations can guarantee the normal operation of the company, not exposed to harmful effects of mistakes, negligence, and fraud…