Effective cash control is crucial for businesses of all sizes, as it helps prevent theft, fraud, and errors while maintaining financial health. The Fast Company Executive Board is a private, fee-based ...

Internal controls are necessary to prevent mishandling of funds, safeguard against loss and protect employees from inappropriate charges by defining responsibilities in the cash handling process. The ...

Money drops are, for many small businesses, a component in everyday cash handling internal control procedures. Although more common in businesses such as retail and service operations, restaurants and ...