Internal Controls

Internal Controls are vital to every business and should be part of every day procedures. Fidel Martinez, CPA, PC are firm believers that without a strong system of internal accounting controls, a business is exposing itself to potential lost profits, or perhaps even irregularities or employee fraud.

Fidel Martinez, CPA, PC has a dedicated team specifically trained in the area of assessing current accounting controls and offering effective solutions and recommendations.

THE SERVICES WE TYPICALLY OFFER:

• Interviewing key management and accounting personnel to identify how the business can best safeguard its assets;
• Documenting the existing system of internal controls over:
• Cash Receipts
• Cash Disbursements
• Payroll
• Purchases and Accounts Payable
• Sales and Accounts Receivable
• Inventory
• Fixed Assets
• Sales
• Purchases
• Reporting on the company's system of internal control;
• Designing Accounting Policy Manuals;
• Designing Fraud Prevention Policies and Procedures;
• Assisting companies in developing Job Descriptions and Responsibilities;
• Designing Accounting Controls to ensure segregation of duties.
• Forensic Audit Services