Tag Archives: internal controls

How to Evaluate Internal Controls –for Accountants        

evaluate internal controls

Accountants must know how to evaluate internal controls. Here’s a brief outline of what internal controls are and the COSO Framework for internal controls. Accountants need to know how to explain their methods for evaluating internal controls and recognize different types of deficiencies that can be present in organizations’ internal… Read more »

8 Knowledge Areas Every Accountant Needs to Know in 2018

Areas of Interest for accountants

The technological and regulatory climates are changing, accountants today require an understanding of standard practices as well as new areas of knowledge. Accounting is not a new profession. However, with continual technological advances, it’s important that today’s accountants have extensive knowledge about standard practices as well as expertise in new… Read more »