Accounting Control

Controls. What controls do you have over the accuracy and completeness of the numbers your company is reporting? See Sarbanes-Oxley for details. But this accounting compliance law came into being on the backs of a bunch of really bad bean counting, wherein huge public corporations committed fraud, and its management (and a bunch of their auditors) were sent to work on their putting short games (wealthy, white man jail).

Controls involve things like gathering data on transactions from two different sources. Like, yes, the bank wires all foot...but do the inventory draw downs also foot, and do the numbers all match...exactly? If so, then great; if not, then you have work to do to figure out what went wrong, either in the reporting of the actual numbers or the mismatches that...missed.