Internal controls are critical to the long-term success of a business because they help in four key areas:

1.   Protecting assets
2.   Ensuring accurate financial reporting
3.   Meeting obligations (e.g., regulatory, statutory, loan requirements)
4.   Maximizing operational efficiency

In the most basic sense, internal controls refers to the processes that you establish in your business for how you handle receiving and reporting money, along with the administrative and management tasks surrounding those processes.

During this presentation, WingSwept’s Founder and CEO Jay Strickland and VP, Finance Marcy Sawyer will discuss the internal controls that have been built into WingSwept that have helped us achieve 100+ straight months of profitability, including:
•    Protocols and procedures
•    Separation of duties
•    Checks and balances
•    Financial reporting

Participate in this program to hear about the importance of establishing internal controls and receive guidance on how to implement and improve your internal controls.

*This program is part of our Achieving Success program series for small and mid-size businesses. Please visit our Achieving Success page to see the full schedule of programs. All of the programs are free and there will be no sales pitch for WingSwept.