Internal Control Systems

At times you may need a trained outside professional to evaluate your company's operations to determine if the appropriate controls are in place to ensure proper handling of resources and to protect yourself from employee theft.

We assess your internal control systems to determine the efficiency and effectiveness of your operating procedures. Then we make recommendations that help your company become stronger and more profitable by correcting any inefficient or ineffective operating procedures we find.

What we do for you...

  • Implement segregation of duties so that duties are divided, or segregated, among different people to reduce risk of error or inappropriate actions. No one person has control over all aspects of any financial transaction.
  • Make sure transactions are authorized by a person delegated approval authority when the transactions are consistent with policy and funds are available.
  • Ensure records are routinely reviewed and reconciled, by someone other than the preparer or transactor, to determine that transactions have been properly processed.
  • Make certain that equipment, inventories, cash and other property are secured physically, counted periodically, and compared with item descriptions shown on control records.
  • Provide employees with appropriate training and guidance to ensure they have the knowledge necessary to carry out their job duties, are provided with an appropriate level of direction and supervision, and are aware of the proper channels for reporting suspected improprieties.
  • Document policies and procedures and making them accessible to employees. The documented policies and procedures provide day-to-day guidance to your staff and continuation of duties in the event of prolonged employee absences or turnover.
  • Review operations to ascertain whether results are consistent with established objectives and goals and whether the operations are being carried out as planned.

Industries

Our clients represent many different industries. If your industry isn't listed here, please don't feel left out. If there's one thing we know, it's how to grow and expand to meet our clients' needs. By combining our knowledge with the that of our affiliates, relying on experience with similar clients, and then by adding our ever-present desire to increase our capabilities, we're confident that we can make you a believer, no matter what industry you're in.

  • Automotive dealerships
  • Advertising and Marketing
  • Appraisers
  • DME Equipment suppliers
  • Government entities
  • Hospitality
  • Insurance agencies
  • Investment advisory
  • Law firms
  • Leasing
  • Manufacturing
  • Medical services
  • Non-profit organizations and Foundations
  • Real estate and Construction
  • Restaurants
  • Retail and Wholesale trade
  • Software
  • Sports professionals
  • Technology and Web development

Testimonials

  • “We have been clients of Arline and Wiggins for 15 years, and they have helped us to manage our small business and personal finances. They have a strong team of professionals working with them who are always available when we need help with something. We are very comfortable talking with them and know they will give us their best advice to help us through any situation that may be troubling. Someone is always available to answer any questions we may have. They will listen to your business and personal needs, help you manage your money, and help you save money and manage your spending. They are always looking out for our best interests and they have been good friends to us throughout the years that we have worked together.”

    Dustin and Lynn Lewis
    Dustin Lewis Appraisal Associates, Inc.

  • “What we love about Arline and Wiggins is their ability to make tax season as pleasant as possible. They are a wonderful group of people to work with, and they are always available to help with any need. They helped us to organize 11 file drawers of paperwork by scanning and organizing the necessary papers and shredding the rest. We were almost to the point of the paper taking over our home of 25 years!”

    Dr. Huitt and Joyce Mattox

  • “I have been working with Arline and Wiggins for over 20 years. They are extremely attentive to my family and business finances, and they provide advice and guidance in helping to reach goals. Jenny and Joel give our business a great deal of personal attention and are very hands-on. They provide the most up-to-date information to help us navigate the ever-changing landscape we all face in the world of taxation. They are an excellent accounting firm, and they are highly recommended.”

    Chip Champion
    Champion & Magbee Financial Services