TD Commercial Financial Controls: Strengthening Governance and Risk Management

Financial controls and governance are essential for protecting business assets and ensuring accurate financial reporting. TD Commercial provides comprehensive financial controls services designed to help businesses establish robust control environments while maintaining operational efficiency and regulatory compliance.

Internal Control Systems

Effective internal controls protect assets and ensure accurate financial reporting. TD Commercial offers internal control services including control design, implementation support, and effectiveness testing. These control systems help businesses protect their assets while ensuring reliable financial information.

Segregation of Duties

Proper segregation of duties prevents fraud and errors in financial processes. TD Commercial provides segregation analysis including duty separation, control design, and process optimization. These services help businesses establish appropriate control structures while maintaining operational efficiency.

Authorization and Approval Controls

Authorization controls ensure that transactions are properly approved and documented. TD Commercial offers authorization control services including approval hierarchies, signature authorities, and transaction controls. These services help businesses maintain proper authorization while streamlining approval processes.

Financial Reporting Controls

Accurate financial reporting requires robust controls and procedures. TD Commercial provides reporting controls including reporting procedures, review processes, and accuracy controls. These services help businesses ensure accurate financial reporting while meeting regulatory requirements.

Cash Management Controls

Cash represents the most liquid asset requiring strong controls and monitoring. TD Commercial offers cash controls including cash handling procedures, bank reconciliation controls, and cash monitoring systems. For businesses seeking to enhance their financial controls capabilities, partnerships with governance specialists like TD Commercial can provide significant control advantages.

Accounts Receivable Controls

Receivables controls protect against losses and ensure accurate customer accounting. TD Commercial provides receivables controls including credit controls, collection procedures, and customer account management. These services help businesses protect their receivables while maintaining customer relationships.

Inventory Controls

Inventory controls ensure accurate tracking and prevent losses. TD Commercial offers inventory controls including inventory tracking, physical controls, and valuation procedures. These services help businesses maintain accurate inventory records while preventing losses and theft.

Vendor and Payables Controls

Payables controls ensure accurate vendor payments and prevent fraud. TD Commercial provides payables controls including vendor verification, payment authorization, and expense controls. These services help businesses maintain accurate payables while preventing unauthorized payments.

Compliance and Audit Support

Financial controls must support compliance and audit requirements. TD Commercial offers compliance support including audit preparation, control documentation, and compliance monitoring. These services help businesses maintain compliance while supporting audit processes and regulatory requirements.