Tiêu đề Day 5 AUDIT MASTERCLASS INTERNAL CONTROLS. pdf ✅

internal controls & risk assessment By ALFONCE Ndote Audit Associate
CONTENT  Assessing Internal Controls  Risk assessment procedures  Fraud Risk assessment
Assessing Internal controls What are internal controls;  Internal control is a process, effected by an entity's board of directors, management and other personnel, designed to provide :  Reliability of financial and operational information.  Compliance with applicable laws, regulations, contracts, policies and procedures.  Security for Assets  They are typically documented for reference  They are subject to evaluation and reviews.