February 14, 2017
Construction Executive published an article about the importance of internal controls by Pablo Medina, an assurance services supervisor in Marcum's Construction Industry Group
Construction Executive
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.
