Mitigating Risk and Protecting Your Business From Fraud
Every business faces risk, but with an effective system of internal control measures in place, that risk is mitigated. This is not a task that is easily accomplished in-house, however, because as a business owner, your focus is running your business, managing employees, and turning a profit.
Effective Internal Control Systems That Meet Your Business Needs.
As trained professionals, we have assisted many business owners in creating effective internal control systems to prevent employee fraud, ensure compliance with regulations, and make sure company policies and procedures are in place so that your business operations are effective and efficient. We work with your business to identify and document weaknesses with existing internal controls, then perform procedures to test whether the current internal controls you have in place are effective. Finally, we offer recommendations in a report of findings that can be used to strengthen your internal control systems, and that reflect the needs of a particular business.
What we do for you:
- Recommend segregation of duties for implementation by dividing responsibilities so that no single person has control over all aspects of financial transactions.
- Make sure transactions are authorized through delegating approval authority to an individual only when the transactions are consistent with policy and funds are available.
- Ensure records are routinely reviewed and reconciled by someone other than the preparer or transactor.
- Ensure that equipment, inventories, cash, and other property are accounted for.
- Physically secure, periodically count, and compared with item descriptions shown on control records.
- Provide employees with appropriate training and guidance to carry out their job duties.
- Set up proper channels for reporting suspected improprieties.
- Document policies and procedures and make them accessible to employees.
- Review operations to determine whether the results are consistent with established objectives and goals and carried out as planned.
Don’t Let Employee Fraud Be the Downfall of Your Business.
If you suspect employee fraud or are concerned about your business risk, then maybe it’s time to review and update your internal control systems.
Contact us today using the form below and find out how we can help your business mitigate risk.
Services Section
Affordable, experienced, and friendly, you can count on us for all of your tax preparation and accounting needs. Take a look at our tax services for individuals below or give us a call to find out how we can help. You’ll be glad you did!
- 01 Services For Individuals
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02 Business Services
- 02.01 Small Business Accounting
- 02.02 Bookkeeping Services
- 02.03 Payroll
- 02.04 Part-Time CFO Services
- 02.05 Audits - Reviews - Compilations
- 02.06 Forensic Accounting
- 02.07 Cash Flow Management
- 02.08 Bank Financing
- 02.09 Business Valuation
- 02.10 Business Advisory Services
- 02.11 Financial Planning for Businesses
- 02.12 Succession Planning
- 02.13 New Business Formation
- 02.14 Non-Profit Organizations
- 02.15 Internal Controls
- 02.16 Litigation Support
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03 Tax Services
- 03.01 Individual Tax Preparation
- 03.02 Tax Preparation for Businesses
- 03.03 Tax Planning
- 03.04 Estate & Trust Tax Services
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03.05 Tax Relief
- 03.05.01 IRS Audit Representation
- 03.05.02 Non-Filed Tax Returns
- 03.05.03 Back Taxes Owed
- 03.05.04 Payroll Tax Problems
- 03.05.05 IRS Liens
- 03.05.06 IRS Levies
- 03.05.07 IRS Wage Garnishment
- 03.05.08 IRS Seizures
- 03.05.09 IRS Payment Plan
- 03.05.10 Offer In Compromise
- 03.05.11 Bankruptcy
- 03.05.12 Innocent Spouse Relief
- 03.05.13 Get Your IRS File
- 04 Services for UltraaBooks
- 05 Industries
F.A.Q
Over 500 every day frequently asked financial-questions answered, we strive to serves the best solutions to all humanity
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My company's books are a nightmare. I don't even know where to start ?
We take care of your books for you, so you can get back to the job of running your business and generating profits.
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I'm spending all my time managing payroll for my employees.
We offer payroll solutions that meet your business's needs and enable you to spend time doing what you do best--running your company.
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I use Quickbooks, but I'm not sure I'm getting the most out of the software.
We offer a variety of services to help make sure that you are taking full advantage of UltraaBooks' many features.
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I made a mistake on my taxes.
We're here to help you resolve your tax problems and put an end to the misery that the IRS can put you through.
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I need help planning my family's financial future.
We offer one-on-one guidance and a comprehensive financial plan that helps manage risk, improve performance, and ensure the growth and longevity of your wealth.
Contact
We would love to hear from you! We strive to provide the best possible service for our clients. Please leave a review to let us know how we are doing and to share your experience with others.
Our Address
3825 Maher Manor,
Glen Allen VA 23060, USA
Email Us
info@murtiglobal.com
Call Us
+1 (804) 480-1080