Internal controls are the policies and procedures designed to protect your assets, facilitate accurate financial reporting, and ultimately assist in achieving your mission as an organization. The emphasis of properly designed system of internal controls is on prevention rather than detection. The goal is to create an environment where fraudulent activity, such as financial misstatements or misappropriation of assets, is not only discouraged but is difficult to achieve. A well designed internal control system includes the control environment, risk assessment, tests of the control activities, and oversight.

An evaluation of internal control involves an examination of the effectiveness of an organization's system of internal controls. BDO can provide you a review of the entity internal controls to make sure that such controls are working as intended.