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The Internal Control SystemThe Internal Control System (ICS) is always a key factor in determining the success or failure of any business organization and it is, indeed, the backbone of an accounting system. Under the Sarbanes-Oxley Act of 2002 and SAS 99 auditors are now required to assess the entity's Internal Control System and disclose the finding as part of the audit report. Publicly held entities will be required to meet the SEC more stringent standards. Under the Sarbanes-Oxley Act of 2002, The SEC adopted certain standards related to designing an "acceptable" internal control system. These standards are similar to those of COSO. See more details A well-designed and implemented internal control system is the best insurance policy against errors and fraud since, the primary objectives of the ICS is to prevent, detect, and correct errors and fraud. Unfortunately, it is difficult to create a standard internal control system that can provide the same level of benefits to all businesses, providing for the differences in the type and nature of operations among business organizations. We provide comprehensive solutions for designing, re-designing, implementing, and monitoring internal control system for small and medium-organizations in most industries. Our services include control applications for automated systems, multi-locations, and distributed process applications. Key Benefits
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