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Adequate internal controls are a primary safeguard of business assets and provide reasonable assurance that accounting records accurately and fairly reflect the transactions of a business. In addition, adequate internal controls permit the preparation of financial statements in accordance with Generally Accepted Accounting Principles (GAAP). Although public corporations are required by Section 404(b) of the Sarbanes-Oxley Act to adopt an audit standard to implement a periodic review of existing internal controls, an independent review of an organization's internal control procedures can be valuable for any business enterprise. Our extensive accounting, auditing and computer systems experience with clients in many businesses enable us to perform internal control reviews efficiently and expeditiously. |
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