For the sake of an organization’s financial health, keeping track of funds is crucial. Without the regular use of expenses.
Christensen, who allegedly took the money over the course of two years, turned himself in for the theft at the end of April, the news provider reported.
Pearson Education explained that the purpose of an internal audit is two-fold: To provide management with the information they need to improve operations and to create a formal record of a company’s financial systems. Going forward, FOP may be able to increase its use of audit solutions to gain faster insight into possible discrepancies, reducing the chance that large amounts of money will go missing.