Certain qualities are needed to make an internal check system more effective and efficient. Such qualities are known as features of internal check system which are as follows:
1. Division Of Work
Before applying test check it is necessary to divide the entire tasks among the staffs in such a way so that work can be checked automatically by the another staff. Like, when staff takes the responsibility of purchase, then another staff should make its payment.
2. Provision Of Check
An organization should set up such provision, so that work can be checked by the another staff. An officer can check the work of one staff by transferring to the staffs and again.
3. Use Of Devices
In this modern world, various devices can be used to do various function like use of time record machine, wage determination machine etc. An organization should use such machines which help to make work of internal check easier.
4. Self-balancing System
An organization can use self-balancing ledger accounts which helps to make the work of internal check easier. Its effectiveness depends on its management.
5. Change In Work
An organization needs to transfer the staffs from one place to another place so that the work of previous staffs can be checked by the later staff which helps to make the internal check system effective.
6. Specialization
Every staff may not have such specialized knowledge to maintain accounts properly. So, an organization should give training to increase their skill so that internal check can be made more effective.
7. Control
There is more chance of frauds where there is direct contact of consumer or public. So, a manager can keep eyes in those works so that internal check system can be made more effectively.
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