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Why internal controls for your business success

12-09-2022 09:08 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: NSKT Global

Internal Control Services

Internal Control Services

The principle of 'Knowing where to hit the hammer' holds true when it comes to internal controls. When there is a guidebook that serves as a bible for a specific task, then there is uniformity in operations.

Association of Certified Fraud Examiners (ACFE), in its 2022 version of its report to the nations, indicates that nearly half of the cases of fraud occur due to a lack of internal controls in an organization.

Control system of an organization speaks about its attitude towards its own risk environment. A good internal control system is proactive in the deterrence of losses due to risk, be it financial, legal, social, or environmental.

Charlotte City Center 25 North Tryon Street Suite 1600, Charlotte North Carolina, 28202

NSKT Global, is a Global consulting firm with a team of certified public accountants, certified fraud examiners (CFE), certified sarbanes-oxley experts (CSOE), Business Advisers, Internal Auditors, Data Scientist and IT experts. We extend all kinds of help to our clients and assist them at all possible junctures of their business. We love to work collaboratively with like-minded people who challenge the process and make a difference.

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