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Construction Executive

Construction Executive published an article about the importance of internal controls by Pablo Medina, an assurance services supervisor in Marcum’s Construction Industry Group

Contributor: Pablo Medina, Supervisor, Assurance Services

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Excerpt:

Internal controls stem from the idea that no one individual should have complete control over a given transaction process and that there should be proper segregation of duties among individuals involved in every process. By spreading responsibilities among employees, companies can mitigate the risk of fraud.

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