As part of a financial statement audit, auditors are required to obtain an understanding of a company's internal control system. Internal control is an interconnected web of policies, procedures, ...

Assuming you made it through Part I of this two-part posting about internal controls, we need to consider a new approach to the design and implementation of internal controls. The first hurdle to ...

Nonprofits thrive on efficient processes. However, not all nonprofits approach optimizing their operations the same way. Unlike a for-profit business, a nonprofit needs to approach the idea of ...