By Bevin Fitzsimons
with comments and updates from ChildForum Members
© ChildForum
Why internal control?
- Internal control systems are normal in business and society and will be expected of you by your staff, fellow owners, parents, board members, bankers and financiers.
- They help establish a climate of good control which produces reliable financial records, good management and planning, and lead to successful Ministry of Educaiton and annual external audits.
- They protect your service from the risks and stress of chaos, litigation or closure that can result from major errors or fraud.
- They give you reliable regular management information.
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