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Joy Hicks

5 Components for Effective Internal Controls

By April 9, 2012

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Internal controls are designed to discourage errors, fraud or abuse by the use of preventative and detective measures. Many organizations, including the health care industry, have been associated with scandals that resulted in the loss of financial assets or ruined the company's reputation because they had none or poorly developed internal controls in place.

The medical office has a responsibility to establish and ensure the effective implementation of internal controls. Read more: 5 Components for Effective Internal Controls

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