One of the most prominent contributors to our economy, but also one of the riskiest, is the manufacturing sector. The products these companies make are often highly perishable, and there are many moving parts in the manufacturing process. As a result, manufacturers face various operational risks daily, whether monetary, production-related, or both. There are different…
Tag: internal control service
Internal control and Internal Audit Consulting: The Building Blocks of a Business
Internal Audit Consulting is the most important part of a modern management system that helps a business to achieve the goals set by the owners more efficiently. The effectiveness of the functioning of economic entities largely depends on well-organized control, since internal controls are not only designed to identify shortcomings and violations, but also to…