Internal control audits are usually conducted as part of an overall risk assessment. First risks are identified and then internal controls are identified to mitigate the risks. Internal control assessments usually evaluate these 5 interrelated elements of effectiveness: Continue reading →
Internal control audits are usually conducted as part of an overall risk assessment. First risks are identified and then internal controls are identified to mitigate the risks. Internal control assessments usually evaluate these 5 interrelated elements of effectiveness: Continue reading