Too many businesses never think about internal controls until they start losing efficiency, investors demand it, or a financial disaster occurs. Even though many growing businesses are run informally, it's important to establish a company culture of success early on. This includes creating internal controls that can scale with your business.
We talk a lot about the importance of having solid accounting processes and procedures in place to govern your.
Spreadsheets are versatile enough to manage almost all types of information, but they may not scale up when.
How much time do you spend thinking about your business' accounting technology and workflow? In an ideal situation,.
Your business may have implemented procedures to help prevent bookkeeping fraud, but they're not 100 percent.