Samantha Schmitt

Accounting On Jan 14, 2025 By Samantha Schmitt, CPA, Withum In order to optimize performance and reduce risks, companies should ensure that there are adequate internal controls – processes that are designed to provide reasonable assurance about the achievement of the company’s objectives with regard to the reliability of financial reporting, effectiveness and efficiency of operations, and compliance with laws and regulations.

How to Succeed at Your First Job December 4, 2024 "Nothing worthwhile comes easily. Work, continuous work and hard work is the only way to accomplish results that last." - Hamilton Holt, American author Starting a new job, let alone your first job in the accounting profession, can be overwhelming and nerve wracking especially when all you've known is going to school, doing homework, studying and taking exams.

Why Segregation of Duties is Essential for Internal Control September 23, 2024 The foundation for having optimal performance and reduction of risks is to ensure that there are adequate internal controls. These are processes designed to provide reasonable assurance about the achievement of the company’s objectives with regard to the reliability of financial reporting, effectiveness and efficiency of operations, and compliance with laws and regulations.