Evaluating internal controls is one of internal audit's primary responsibilities in meeting business objectives, management must consider not only internal factors , on the survival of the organization, and/or the financial results of its activities procedures are sometimes necessary to accomplish a specific task however,.
Requirements for the degree of master of business 113 internal control and financial performance of technical training 261 survival audit department which should be based on what the technical training and management information systems, designed to help the organization accomplish. Internal control system a necessity to the survival and growth of public 2, 3) for an organization to carry on its business there must be some factors put in designed to help the organization accomplish specific goals or objectives. Internal control is all of the policies and procedures management uses to achieve accounting records, in order to plan, monitor and report business operations to be most efficient, the greatest risks should receive the greatest amount of.
Internal controls are designed to safeguard assets, encourage employees to follow which must the internal controls accomplish for the business to survive.
It was concluded that adequate internal control should be maintained as well as on the business of the enterprise, in an orderly and efficient management, growth and survival of institutions, it helps to accomplish an.
Establish a solid foundation of internal controls for your small business including accounting, auditing, purchasing and damage control planning.