Bay Business Group To Strengthen Internal Control In Bookkeeping
Bay Business Group, a trusted name in bookkeeping, has decided to take additional steps to strengthen its internal control system.
- (1888PressRelease) December 17, 2010 - Falls Church, VA - It is always better to take preventive steps rather than bringing them after the disaster. Implementing the preventive approach to doing business, Bay Business Group, a reputed name in bookkeeping outsourcing, has taken additional steps to make its internal control system leakage proof. The firm is sure the steps would make it impossible for anyone to milk the system.
Discussing the steps taken, a senior executive of the company said, "Control is a serious consideration for any business or organization looking to hire a bookkeeper or accounting staff. Bay Business Group will provide an added layer of protection, minimizing the risk for our clients."
The improvised internal control system of the enterprise aims to protect data assets of the clients, promote efficiency in processing transactions and ensure reliability of financial records. It is designed to provide protection against losses, both intentional and unintentional. Internal bookkeeping procedures have been reworked to provide reasonable assurance that all three objectives will be achieved.
The baseline of the internal control system of Bay Business is the separation of duties. It makes it more difficult for errors to go undetected. It is highly unlikely for two or more employees taking care of the separate aspects of bookkeeping will keep on making the same mistake or be unable to detect one. The process has been improvised to make chances of any error negligible.
About the Company
Bay Business Group, LLC is a reputed small business bookkeeping service and much more than it. The firm also provides guidance on business planning, tax planning, business strategy, forecasting and budgeting to its clients. It focusses on providing small businesses with outsourced accounting service model typically available only to the largest companies.
Contact Information
Bay Business Group
180 South Washington Street, Suite 200
Falls Church, VA 22046
Phone: 703-533-0888
Email: info ( @ ) bay-biz dot com
Fax: 703.533.0741
Website: http://www.bay-biz.com/
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