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RE: Internal control applied in the accounting and financial process.

in Project HOPE5 years ago

Greetings friend@ lupafilotaxia The fundamental objective of the administrative internal control is the review of the organization's operation to take the necessary measures of prevention and correction of its procedures, as well as its processes and policies.

The primary objective of the accounting control is to safeguard the resources, through the verification of the accounting procedures and reports to be presented to the administration. Verifying also the cash flow of the company where you can evidence the investments, expenditures (where and when they were made), the percentage of profit that has been obtained and the time of recovery of the investment made.

If all these elements are clear in the organization, it will be able to know how it is administratively and financially to be more successful.

I hope I have been able to clarify your doubts.

Thank you very much for your comments.

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