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Salt Lake City Bookkeeping Blog

Why You Need Internal Accounting Controls to Keep Risk at Bay

Posted by Leanne Armstrong on Jul 24, 2019 9:00:00 AM

How can you be sure that an employee isn’t secretly stealing from you, that your company is tax-compliant, and that your financial records are reliable? Three words: internal accounting controls.

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Topics: Financial Reporting, QuickBooks Audit Trail, Bookkeeping Theft, Internal Audit

How Your Small Business Can Benefit From An Audit

Posted by Matt Roberge on Nov 17, 2015 7:00:00 AM

Most business owners cringe when they hear the word “audit,” but the truth is that an audit isn’t necessarily a bad thing. Once you learn more about what an audit is and how it works, you will see that there are a few ways in which your company can benefit from the auditing process.

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Topics: Financial Reports, QuickBooks Audit Trail, Bookkeeping Theft, Internal Audit