Do you know when you are audited by a government agency they will ask to review your Internal Control Manual? Having an effective internal control manual will not only mitigate Fraud but will help efficiency in operations, reliability of financial reporting and compliance with applicable laws and regulations.
If you are an SED provider, it is stated in the RCM that you must have an adequate internal control system and perform risk assessments. Review your system today. To be effective your internal control system must be reviewed for updates, monitored and employees must be trained.