Solid internal controls are essential for any business. In this video, Sheri Springer of SVA explains 5 recommendations that companies should follow regarding internal controls.

1. Separation of duties
2. Monthly account reconciliations
3. Restrict access to the Control Panel
4. Supplier validation and regular review
5. Manual review and approval process for journal entries

Business tip:
https://accountants.sva.com/biz-tips/internal-controls-matter-heres-why

#internalcontrols #sva #svacertifiedpublicaccountants #internalcontrolrecommendations

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