Tag Archives: internal controls

How to Create Conditions for Strong Controls in Your Business

From our audits, we find that many Ghanaian companies have poor internal controls especially with regards to their IT systems. Internal control is a means for getting a hold of your business. You risk surprises if you have poor controls. Good internal controls just don’t happen, they need a conducive environment. So, what can the […]

Internal Control: The Means to Getting Hold of Your Business

There are forces at work to stop a business from achieving its objectives. To make sure it achieves its objectives, the business takes measures to stop those forces from negatively impacting the business. We call the forces that threaten the business, risk. The counter measures to stop these forces are controls. Effective internal control affects the […]