Often lauded for its potential for innovation and success, the business world can also be an arena marked by ruthless competition and ethical lapses. Companies vie for supremacy and profit, and this can lead to a disregard for the well-being of both consumers and employees. Even in media we see corrupt businessmen exploiting the less fortunate all the time in movies and TV shows and despite knowing the wrongfulness of their actions, continue to chase profits by any means necessary, giving insight to real life situations in the business world and showing that it is as unforgiving and cruel just as it is ambitious.
Thankfully, the spread of corruption is limited due to the importance society places on integrity and accountability. However, ethics are not enough to create a utopia, hence why important jobs such as financial audit services exist. Their sole purpose is to hold businesses and companies liable for their financial information and make sure they adhere to the law. By conducting thorough examinations of a company's financial statements, they ensure that those documents accurately reflect the company's financial position and performance. The importance of this service cannot be understated. It helps reduce incredibly serious crimes such as fraud, embezzlement, and corruption, keeping the organization grounded and able to provide goods and services to their customers. These checks can also help grow the business, as investors will see a blooming organization they can trust in, and therefore be more likely to invest.
Every business needs to have a good financial audit service, but few as much as newly successful operations. Despite not being federally legal, cannabis businesses in the states that are legal usually see rapid success and profits. However, this attention is bound to garner extra scrutiny, and to avoid this steps must be taken to ensure legality and transparency. San Bernardino, California is seeking qualified vendors to provide cannabis monitoring and financial audit services to meet these goals. Vendors must facilitate yearly financial audits to confirm sales and inventory, provide technical and policy expertise based on industry and applicable laws, impart onsite facility inspections to ensure cannabis businesses are in compliance with applicable local and state laws, and conduct background checks for primary business owners, partners and store managers, and on a "as needed" basis for any employees working at the business.
If interested, contact Michelle Parra at 909-384-5083 or parra_mi@sbcity.org or click on the link to learn more. The bid closes September 25 at 3:00 PM PDT.