Internal Controls

Paramount Internal Controls Services

At times you may need a trained outside professional to evaluate your company's operations to determine if the appropriate controls are in place to ensure proper handling of resources and to protect yourself from employee theft.

We assess your internal control systems to determine the efficiency and effectiveness of your operating procedures. Then we make recommendations that help your company become stronger and more profitable by correcting any inefficient or ineffective operating procedures we find.

What we do for you...

  • Implement segregation of duties so that duties are divided, or segregated, among different people to reduce risk of error or inappropriate actions. No one person has control over all aspects of any financial transaction.
  • Make sure transactions are authorized by a person delegated approval authority when the transactions are consistent with policy and funds are available.
  • Ensure records are routinely reviewed and reconciled, by someone other than the preparer or transactor, to determine that transactions have been properly processed.
  • Make certain that equipment, inventories, cash and other property are secured physically, counted periodically, and compared with item descriptions shown on control records.
  • Provide employees with appropriate training and guidance to ensure they have the knowledge necessary to carry out their job duties, are provided with an appropriate level of direction and supervision, and are aware of the proper channels for reporting suspected improprieties.
  • Document policies and procedures and making them accessible to employees. The documented policies and procedures provide day-to-day guidance to your staff and continuation of duties in the event of prolonged employee absences or turnover.
  • Review operations to ascertain whether results are consistent with established objectives and goals and whether the operations are being carried out as planned.

Contact Paramount if you'd like more information about our internal control services please complete this form to setup a Free Consultation.

Call 801-341-2300 today!

Internal Controls

Free Consultation


Rob has been our tax accountant and business advisor since 1998, when our area was devastated by flooding.The first thing he did was revise and correct discrepancies from our previous tax preparer. Early on in our relationship, he represented us before the IRS. His efforts and knowledge resulted in a very positive outcome.Rob continually updates his knowledge of tax laws and regulations to stay current, helping all his clients avoid costly errors and unnecessary taxation.You can count on his advice being ethically sound, up-to-date, and custom-tailored to each client. This is unique in our experience. As a thorough professional, Rob is available not just at tax time, but throughout the year for advice on tax matters and valuable discussions on business decision-making.He would rate six stars if that were available.
— Jack Kimmivh
Posted June 27th 2019
Google
I highly recommend Paramount Tax as your CPA! They are very professional, meticulous, and do things right!
— Julie Clawson
Posted June 23rd 2019
Google
I was a nervous wreck about many many years of Tax problems. When I entered Robs office he was understanding, reassuring and confident that it could be resolved. For the first time in 12 years I am hopeful. There are a lot of con men out there. Rob seems like the real deal! We have just started the process so I will tell you how it goes when we're done. But I am hopeful we can work with Rob to work it out.
— JoAnn Lujan
Posted June 21st 2019
Google
— Ivy Wesley
Posted June 21st 2019
Google
Showing 4 of 80 reviews (Average rating of total: 5 stars!)


Internal Controls awards
Internal Controls endorsed

Because we’re CPAs and they're not™

Many people do not know how a CPA differs from a bookkeeper or tax preparer. The CPA designation is one of the most widely recognized and highly trusted professional designations in the business world. CPAs are distinguished from other finance professionals by stringent qualification and licensing requirements. Paramount CPAs have worked hard to obtain their CPA designation, and are committed to working even harder to deliver the value that that designation conveys. In fact, our goal is to be the No. 1 Internal Controls firm across the United States. So when you ask yourself, "Where can I find Internal Controls services near me?"... think no further than Paramount

Free Consultation 801-341-2300

When to upgrade from tax preparer to CPA?

Whether you are filing personal taxes or you own a business, if you are not already using a CPA, you have most likely already missed out on major tax benefits, deductions and credits. This is because Certified Public Accountants (CPAs), such as Paramount, are advisers to not only individuals on personal financial matters but are also licensed to advise businesses, financial institutions, nonprofit organizations and government agencies on a wide range of financial topics. This strict status and licensure ensures that only CPAs are legally qualified to understand complicated tax laws and how to to implement strategies that return the most benefits to individuals and businesses. Give Paramount a call or visit our CPA firm for a free consultation.

Individual Tax Preparation Business Tax Preparation

Find a location near you...

Paramount Tax & Accounting - Bountiful

Bountiful, UT

Call: 801-683-9734
Email   Website

Paramount Tax & Accounting CPAs, of Bowie

Bowie, MD

Call: 301-464-2777
Email   Website

Paramount Tax & Accounting - Chandler

Chandler, AZ

Call: 480-247-6504
Email   Website

Paramount Tax & Accounting - Cincinnati East

Cincinnati, OH

Call: 513-247-0999
Email   Website

Paramount Tax & Accounting - Cottonwood Heights

Cottonwood Heights, UT

Call: 385-529-0814
Email   Website

Paramount Tax & Accounting, CPAs - Draper

Draper, UT

Call: 801-890-4777
Email   Website

Paramount Tax & Accounting, CPAs - La Mirada

La Mirada, CA

Call: 626-968-8680
Email   Website

Paramount Tax & Accounting- Vegas Strip

Las Vegas, NV

Call: 702-983-0115
Email   Website

Paramount Tax & Accounting, CPAs - Lehi

Lehi, UT

Call: 801-753-5767
Email   Website

Paramount Tax-South Jordan, Riverton

South Jordan, Riverton UT

Call: 801-998-2127
Email   Website

Paramount Tax & Accounting, CPAs - St. George

St. George, UT

Call: 435-565-6700
Email   Website


Paramount Tax is now offering financial and tax franchises across the US!

cpa accounting franchise

Let us make our success into your success!

Franchise Information Call: 801-341-2300