Law firm practices generate large quantities of cash receipts and disbursements, which makes them inherently vulnerable to errors and irregularities, including fraud. A well designed internal control environment provides critical protection to safeguard assets and ensure financial reporting accuracy.
Baker Tilly discusses best practices and insight to help you understand control risks facing your law firm and how to reduce risk resulting from errors and irregularities. This program includes:
- Overview of fraud risks in law firms
- Summary of the various forms of internal control
- Best practices for law firm detective controls
- How to evaluate your control environment
Download the presentation: Strong internal controls for law firms: Best practices for key protection >
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