Monitoring & Audits
Compliance is a journey, not a destination. Strong organizations keep their eyes on the regulatory landscape, best practices, and new opportunities. Through ongoing monitoring of business activities and auditing of records and practices, a company can avoid problems and focus on its core mission.
Your small business is always vulnerable to financial mismanagement ranging from employees “skimming” money occasionally, to serious, long-term embezzlement. But there are many steps you can take to mitigate your vulnerabilities. In our survey of small business owners and managers on protecting one’s business, nearly two-thirds reported being “somewhat concerned” or “very concerned” about ethics in their business’s financials. It’s an understandable anxiety — the avenues for financial misconduct are many and varied. It’s difficult to safeguard your financials against all ethics challenges, but fortunately these steps can help you start to protect your business today. Explore outside business financial…Learn More