Internal Controls

At times you may need a trained outside professional to evaluate your company’s operations to determine if the appropriate controls are in place to ensure proper handling of resources and to protect yourself from employee theft.

We assess your internal control systems to determine the efficiency and effectiveness of your operating procedures. Then we make recommendations that help your company become stronger and more profitable by correcting any inefficient or ineffective operating procedures we find.

What we do for you...

Implement segregation of duties so that duties are divided, or segregated, among different people to reduce risk of error or inappropriate actions. No one person has control over all aspects of any financial transaction.
Make sure transactions are authorized by a person delegated approval authority 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, to determine that transactions have been properly processed.
Make certain that equipment, inventories, cash and other property are secured physically, counted periodically, and compared with item descriptions shown on control records.

Provide employees with appropriate training and guidance to ensure they have the knowledge necessary to carry out their job duties, are provided with an appropriate level of direction and supervision, and are aware of the proper channels for reporting suspected improprieties.
Document policies and procedures and making them accessible to employees. The documented policies and procedures provide day-to-day guidance to your staff and continuation of duties in the event of prolonged employee absences or turnover.
Review operations to ascertain whether results are consistent with established objectives and goals and whether the operations are being carried out as planned.

If you’d like more information about our internal control services please complete this form to setup a Free Consultation

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Client Testimonials

What our clients are saying about us

Adriana Grace

Thorntone, USA

Jeannie Key

Littleton, USA

Hamilton

Wheat Ridge, USA

MedExec is a wonderful company! Their staff is amazing I absolutely adore all of them. The best decision our company ever made was to sign on with MedExec. The communication, professionalism and attentiveness shown by their staff separates them from all the other accountants we've hired. I'm very impressed!

★★★★★

Sean McHugh and his staff at MedExec are amazing! They truly go above and beyond. We have been with Sean for 14 years and have relied on his business expertise and management advise often. His people skills and management style are solid and I can honestly say there were a few times that our business would not have survived or at least not have flourished without his guidance.

★★★★★

MedExec continues to set the standard in medical practice accounting services. They make themselves available outside of normal business hours to accommodate physician schedules. I have greatly appreciated their service over the last 10 years.

★★★★★