The document discusses the importance of internal control in organizations to manage risks associated with fraud and resource allocation. It emphasizes the role of an internal control expert in establishing procedures, engaging employees, and creating a strong ethical culture. Effective internal controls help safeguard assets, improve financial accuracy, and support legal compliance, although some risks may still remain.

1. Have an Internal control expert reduce the
risk for your business
 What leads to the problem?
Managers in most organizations come under numerous
demands. An enormous challenge awaiting them is attracting
new business. Other challenges include quality delivery and
administration. One other challenge that carries enormous
consequences but is generally over looked is effective system of
internal control. The problem is that very often too much of
reliance is placed on trust. This is the leading problem behind
frauds, inappropriate allocation of resources, bad decisions and
improper reaction to errors.

2. What is internal control?
Internal control refers to the procedures and
processes that any organization has in place for
safeguarding the assets while enhancing the
accuracy and reliability of finance information. It is
also necessary for complying with the legal and
financial obligations. Smaller organizations face
challenges in implementing controls. This is because
achieving the task with a small team can be difficult.

3. Ensuring effective internal control
through an expert
An effective internal control can be easily ensured with the help
of an expert. The expert will start by tuning the tone of the top
employees of the organization. This is because the managers
and the owners have to demonstrate a strong commitment for
ethical behavior while supporting the operations of controls.
Specific codes of conduct need to be established and
communicated to all the members of the business. These
members also need to be engaged in employment agreements.
This is needed as the hiring process should go through careful
consideration and be open to references and background
checks.

4. The business controls and processes need to be
clearly defined and documented. This would serve not
only towards supporting internal control but also act in
training the new staff. This way value would be added
to the organization. It will also serve to reduce the
risks associated with the departure of one or more
key employees of the business. An effective way of
identifying the key controls is thinking about what
could possibly go wrong. After that some practical
steps need to be identified that would prevent the
onset of problem.

5. These are a few of the many important ways in which
an internal control expert would ensure quality internal
control. An expert’s assistance would do wonders in
establishing an effective environment. It will also
make sure that your controls happen to be practical
aside from supporting efficient business operations.
They would also be cost effective. However, you
should know that the risks will not be entirely
eliminated.

6. Contact Details
 Telephone: 55 11 9 9279-2028
 Website: http://cflcoaching.com.br/en
 Address: Av Juruce, 552 - apt 31Sao
Paulo, 04080012
 Email: carlos@cflcoaching.com.br
Thank you.