internal control

INTERNAL CONTROL

Upload: amir-auditor

Post on 12-Jul-2016

8 views

Category:

Documents

0 download

Report

Download

Embed Size (px):

DESCRIPTION

sssss

TRANSCRIPT

INTERNAL CONTROL

ESSENTIAL REQUISITES OF AN EFFECTIVE INTERNAL CONTROL

1. THERE ARE AVAILABLE REPORTS OF THE PAST, PRESENT AND THE FUTURE

A. Financial reports

i. Balance Sheetii.Income Statementiii.Capital Statementiv.Cash Flow Statementv.Financial Ratios and Analysis

THERE ARE AVAILABLE REPORTS OF THE PAST, PRESENT AND THE FUTURE

B. Present Sales, Expenses and Inventory Reportsi. Daily ii. Weeklyiii.Monthly iv.Quarterly v. Annually*Should be properly substantiated with appropriate documents like deposit slips and receipts.

THERE ARE AVAILABLE REPORTS OF THE PAST, PRESENT AND THE FUTURE

C. Projectionsi. Sales and Expenses Projectionsii. Break-even Analysisiii.Budgeting

2. SET AN EFFECTIVE GUIDELINES, STANDARDS AND POLICIES FOR BOTH THE OPERATION AND FINANCIAL PROCESSES.

2. EXISTING GUIDELINES, STANDARDS AND POLICIES ARE CONSISTENTLY

MONITORED

A. COMPLIANCE REPORTB. AUDIT REPORT

3. THE COMPANY VALUES THE FEEDBACK OF CUSTOMERS AND EMPLOYEES

A. CUSTOMER SATISFACTION REPORT

B. EMPLOYEE EVALUATION

Internal Financial Control (IFC)& Internal Financial

The Internal Control Framework - caaa.in · The Internal Control Framework CA. ... Internal control is geared to the achievement of ... (COSO), in 1992 Internal control frameworks

INTERNAL CONTROL AND INTERNAL AUDIT - World · PDF fileINTERNAL CONTROL AND INTERNAL AUDIT ... covering all control activities in the public sector. Internal, covering controls exercised

INTERNAL CONTROL GUIDEBOOK 2010 - Washington · PDF file3 ts eiv - Internal Control Guidebook - 2010 Page 3 ... Internal Control Guidebook Chapter One - Internal Controls CHAPTER ONE:

CHAPTER 8 INTERNAL CONTROL AND CASH - Erie … 27e_SM 08_Final.pdf · CHAPTER 8 INTERNAL CONTROL AND CASH ... Management Assessment of Internal Controls. ... CHAPTER 8 Internal Control

Internal Control - OCC: Home Page internal control and internal audit are closely related, ... or unclear instructions in addition to fraud or deliberate ... “Internal Control

Internal Control and Internal Audit

Definisi Internal Control & Internal Audit

INTERNAL CONTROL OVERVIEW - South Dakotaboardsandcommissions.sd.gov/.../20160502_Internal_Control_Overview... · 1. Defining Internal Control 2. Internal Control Guidance - Two Frameworks

Internal Control

Understanding Internal Control-Internal Audit

Internal Control Process FY 2008 Program Manager Managers Internal Control Program

INTERNAL CONTROL STANDARDS - ACGOV.org of internal control. RELIABLE FINANCIAL ... internal control to signify that it is an internal ... operation of the control (such as performance

Internal Control Questionnaire Internal Control Questionnaire (ICQ) for Consulting Engineers Internal Control Questionnaire for Consulting Engineers (rev. …

Internal Control — Integrated Framework Guidance … · Internal Control — Integrated Framework Guidance on Monitoring Internal Control Systems Volume I — Executive Summary

INTERNAL TRAFFIC CONTROL PLANS · INTERNAL TRAFFIC CONTROL PLANS INTERNAL TRAFFIC CONTROL PLANS 14 Internal Traffic Control Plan ... Internal traffic control ... Vehicle traffic flow

SGACPR_report_on_internal_control_2018.docx · Web viewReport on Internal Control – 2018 Report on Internal Control –2018 Report on Internal Control – 2018 Report on Internal

Chapter 8—Internal Control and Cash - O.P.M.T. BCIT ... · PDF fileChapter 8—Internal Control and Cash ... Describe good internal control procedures. 3. ... Apply internal controls

COSO 2012 - Community College Internal Auditors · Definition of internal control ! 5 internal control components ! Criteria used to assess effectiveness of internal control ! Use

SGACPR_report_on_internal_control_2015.docx · Web viewReport on Internal Control – 2016 Report on Internal Control – 2016 Report on Internal Control – 2015 Report on Internal

Internal Control and Internal Check

Internal Control 7. Management Issues Related to Internal Control OBJECTIVE 1: Identify the management issues related to internal control

Internal Audit, Internal Control and Organizational

Report on Internal Control 2013 - Banque de France · Web viewReport on Internal Control – 2013 Report on Internal Control –2013 Report on Internal Control – 2013 Report on

INTERNAL CONTROL. Internal control basics Processes to review Tracking tools

Internal Control and Cash Chapter 8 Define internal control. Objective 1

HFT 3431 Chapter 12 Internal Control What Is Internal Control?What Is Internal Control? What Are the Major Objectives of Internal Control?What Are the

Internal Control Guide & Resources - Home - … Island Office of Internal Audit 1 Internal Control Guide & Resources Section 1- Internal Control Overview Internal control involves

Control and audit of Public expenditures Internal Control · Control and audit of Public expenditures Internal Control Federal Internal Control Secretariat Office of the Comptroller

University at Albany Internal Control Program Employee Training Internal Control Officer: Steve Beditz Internal Control Coordinator: Darri Scalzo NOTE:

IA Presentation - Internal Control & Internal Audit

Chapter 10 Section 404 Audits of Internal Control and Control Risk Internal Control Risk