small or entrepreneurial organization: the
impact of owner actions and behavior on
the control environment of the organization
is particularly significant because the
owner is likely to have more frequent and
direct contact with employees than senior
management at larger organizations. In
addition, consider how the company
assigns job duties and holds employees
accountable. Lastly, discuss how the entity’s
commitment to hiring competent
staff can impact its bottom line, including
accounting personnel. Although accounting
may be considered a cost center by
smaller organizations, there are ample
threats through errors to fail to collect
revenue or overpay expenses. Often, the
control environment can be improved in
small and entrepreneurial organizations at
minimal additional cost, but with significant
benefits